Section 40-18-44 Installment Method.
Income from an installment sale may be reported under 26 U.S.C. § 453 if the 1984 amendment adding § 453(i) does not apply, and the Department of Revenue must issue regulations about the election to use or not use the installment method.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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installment sales regulations reporting election
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Section 40-18-44 Installment Method.
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