As provided by the United States Internal Revenue Code, any sum deferred under the trust shall not be included for the purposes of computation of any federal income taxes withheld on behalf of any employee.

(Acts 1991, No. 91-656, p. 1242, §7.)

Terms Used In Alabama Code 16-25B-7

  • United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1