§ 40-29-70 Non-payable checks, money orders, or electronic funds
§ 40-29-71 Automatic refund
§ 40-29-72 Rules for application of assessable penalties; “person” defined
§ 40-29-73 Failure to collect and pay over tax, or attempt to evade or defeat tax
§ 40-29-74 Fraudulent statement or failure to furnish statement to employee
§ 40-29-75 False information with respect to withholding

Terms Used In Alabama Code > Title 40 > Chapter 29 > Article 4 - Additions to Tax and Penalties

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: means next after. See Alabama Code 1-1-1
  • levy: as used in this chapter includes the power of distraint and seizure by any lawful means. See Alabama Code 40-29-23
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: as used in this article , includes an officer of a corporation, or a member of a partnership, who as such officer, or member is under a duty to perform the act in respect of which the violation occurs. See Alabama Code 40-29-72
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1