Alabama Code 45-51-243.08. Credit collections
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Terms Used In Alabama Code 45-51-243.08
- month: means a calendar month. See Alabama Code 1-1-1
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- preceding: means next before. See Alabama Code 1-1-1
Any person who is charged with collecting the rental tax and who makes cash or credit leases or rentals, may report such cash leases or rentals when made, and shall thereafter include in each monthly report all credit collections made during the month preceding, and shall remit the tax due thereon at the time of filing the report, but in no event shall the tax be owed by the lessor or vendor until collections of the credit leases or rentals have been made.
