Alabama Code 40-18-14.3. Gross income – Discount and interest
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Gross income shall include original issue discount determined in accordance with 26 U.S.C. §§1271 to 1275, inclusive, and interest or other income determined in accordance with 26 U.S.C. § 7872, related to certain related party loans, tax avoidance loans, etc. with below-market interest rates.