The Business Privilege Tax is levied on a taxpayer’s net-worth apportioned to Alabama. Alabama Department of Revenue, Business Privilege Tax Section, P.O. Alabama Secretary of State fees for an AL Corporation Business Privilege Tax Return and Annual Report are $110.00. Alabama Gov. I am a fiscal year filer. This relief is automatic for small retailers and Sector 72 businesses who file their February, March, and April 2020 state sales tax returns. The Alabama business privilege tax return and payment are due at the same time as the taxpayer’s corresponding federal income tax return. While economic and other uncertainties weigh on our nation and state, we know that taxpayers are doing all they can to comply with state and federal tax requirements. The building continues to be closed for pickup orders. For payments and returns due on other dates, the Department will consider requests for relief, in the form of penalty waivers and filing extensions, on a case-by-case basis. Alabama Business Privilege Tax Extension. ... - Business privilege tax income tax ; There is no limit on the amount of payment postponed. 6. For Disregarded Entities, the Alabama business privilege tax return is due The building continues to be closed for pickup orders. “This morning, I signed a supplemental State of Emergency order to allow the Alabama Department of Revenue to extend state filings until July 15, 2020,” Ivey said in a press release. For C-corporations with a calendar year or a fiscal year other than June 30, the Alabama business privilege tax return is due no later than three and a half months after the beginning of a taxpayer’s taxable year. If the payment was scheduled through My Alabama Taxes (MAT), you may be able to modify or cancel your scheduled payment by logging back into your MAT account. Corporation & PC: Alabama corporations and PCs file Annual Report and Business Privilege Tax Return. LLC and LLP returns are due no later than 2.5 months after the beginning of the taxpayer’s taxable year. Alabama DOR COVID-19 Relief Page All tax division offices are closed until further notice. BUSINESS PRIVILEGE and/or MERCANTILE TAX RULES and REGULATIONS These regulations are enacted for the purpose of the administration of the Business Privilege and/or Mercantile Tax. Extension. At this time, title applications from designated agents and salvage inspection applications will not be received in-person at the Montgomery Taxpayer Service Center. Alabama Newscenter Staff. The business privilege tax is based on the LLCs or the PLLCs net worth, and minimum tax is $100. For more information, you can turn to the homepage of the Alabama Department of Revenue, which includes a list of local taxpayer service centers, business workshop schedules and an online tax form search. For an entity filing or paying Alabama Business Privilege Tax an extension to file will be granted through September 15, 2020 for Form PPT and October 15, 2020 for Form CPT. The 2014 Form PPT for a calendar year limited liability entity would be due on April 15, 2014. In the case of a taxpayer’s initial return, two and one-half months after the taxpayer comes into existence, qualifies or registers to do business, or commences doing business in Alabama as the case may be. Please see. ; Payment date - Taxpayers that scheduled their Income Tax (IIT, BIT, PTE, FDT) or Business Privilege Tax payment due 4/15/2020 … The Privilege Tax is assessed on businesses for the “privilege” of operating in the state of Alabama. Alabama Business Privilege and Corporation Shares Tax Act of 1999; Chapter 14B. 2) Business Licenses . The due date for a business privilege tax return for financial institution groups corresponds to the due date for the Alabama Financial Institution Excise tax return. What about businesses or other entities that have a filing due dates on May 15, June 15, or some other date besides April 15. The return and tax are both due within 100 days of business commencement if business commenced after January 1, 2020. For Disregarded Entities, the Alabama business privilege tax return is due Note: This extension date is for filing only and any amount due must still be paid by July 15. All orders will be shipped via FedEx. MONTGOMERY – Governor Kay Ivey and the Alabama Department of Revenue announced today that the state income tax filing due date is extended from April 15, 2020, to July 15, 2020. What happens if I don't file my Alabama Business Privilege Tax Return and Annual Report by the due date? Every business including Mulit Member LLC's, Corporations, disregarded entities (i.e. All rights reserved (About Us). The Business Privilege Tax return for pass-through entities like LLCs (Form PPT) includes an Annual Report form (Form AL-CAR) that must be included with the return. If the total gross receipts reported on your Business Privilege Tax return is not the same as the total gross receipts reported on your Federal Income Tax return, attach an explanation of the difference to this return. Corporations; Chapter 14A. on the originally-filed Alabama business privilege tax return. The Order applies to Alabama income tax returns and payments due on April 15, 2020, for the 2019 tax year and estimated payments for the 2020 tax year. 1f. Th e federal taxable income apportioned to Alabama is used to determine the appropriate rate. Form BPT-IN (Initial) must be filed within 2.5 months of registering with the state. Gov. For Limited Liability Entities, the Alabama business privilege tax return is due no later than three and a half months after the beginning of the taxpayer’s taxable year. In the Order Extending Deadline for Filing and Payment of State Income Tax, Financial Institution Excise Tax, and Business Privilege Tax, the Alabama Department of Revenue announced special state income tax return filing and payment relief in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency. “Filing electronically with direct deposit is the quickest way to get refunds. In the case of a taxpayer’s initial return, two and one-half months after the taxpayer comes into existence, qualifies or registers to do business, or commences doing business in Alabama as the case may be. Due Date. Box 327320, Montgomery, Alabama 36132-7320 (334) 242-9812 in Alabama. The due date is 2 1/2 months after-tax ending period. Deleting the extension screen will change the Due Date of Return as shown on the Instructions and Result Letter to the original/non-extended due date for the return. C corporations with a fiscal year end of June 30: Two and half months after the … See also: 1040 Alabama frequently asked questions Overview. Taxpayers who may be unable to register or renew their motor vehicle registrations or pay property taxes on their motor vehicles during the months of March and April 2020 are granted a registration extension through May 15, 2020. © 2020 Advance Local Media LLC. The https:// means all transmitted data is encrypted  â€” in other words, any information or browsing history that you provide is transmitted securely. The filing due date for the Alabama Business Privilege Tax Return varies by entity type. Use this screen to provide additional information needed to complete the extension. On March 13, 2020, Governor Ivey declared a, Effective immediately, the Department of Revenue is waiving state sales tax late payment penalties both for. The due date for the Alabama Business Privilege Tax Return and Annual Report is based off of the entity’s federal taxable year. The 2018 Form PPT for a calendar year limited liability entity is due March 15. UPDATED May 12, 2020 – Alabama residents are taxable on all of their income, regardless of whether they work either within or outside the state. Thus, if your business’s tax year is the same as the calendar year, the business privilege tax is due on March 15th. Taxpayer Relief Related to COVID-19 (Executive Orders, Notices, Press Releases, etc. Does the relief provided in the Order apply to estimated payments for a corporation due on April 15, 2020? Taxpayers may defer state income tax payments due … The business privilege tax is based on the LLCs or the PLLCs net worth, and minimum tax is $100. Certified Capital Company; Premium Tax Credit; Chapter 15. Your first filing of the Business Privilege Tax Return (Form PPT) is due the year after your LLC is formed. Where do I find the business' formation date? As of Thursday, April 2, 2020, orders for the state and state-administered county cigarette stamps will be processed on Tuesdays and Thursdays only. Automatic Extension Information can be found on the Payment Options page. The Determination Period for entities organized in Alabama or qualifying with the Alabama Secretary of State during the current taxable year is, for both the beginning and ending dates, the date the entity was organized in Alabama or the date the entity qualified to do business in Alabama. Except for the initial return, BPT returns are due no later than three and a half months after the beginning of the LLC's tax year. Kay Ivey and the Alabama Department of Revenue announced today that the state income tax filing due date is extended from April 15 to July 15.. Taxpayers can defer state income tax payments due on April 15 until July 15, 2020, without penalties and interest, regardless of the amount owed. See the next section for more information. The taxable year or April 15th depending upon the type of company I an “Affected Taxpayer” for... Report is based on analysis by Jeff Patterson LLC, counsel for Alabama... First filing of information returns Order to comply with the state of Emergency...! Applies if the original due date is 2 1/2 months after-tax ending period Alabama sales tax filing date... Taxable income apportioned to Alabama is used to determine the appropriate rate alabama business privilege tax due date Revenue Department and amount of Business. The 2016 Form PPT for a calendar year limited liability entity would be due on April 15 2020! Chapter 12 always use a.gov or.mil domain, that refers to the next Section are answers to asked! This is usually March 15 this time, title applications from designated agents salvage... Monitoring developments pertaining to the relief provided in the state of Alabama requires businesses... Year after your LLC is formed by Jeff Patterson LLC, counsel for “. And any amount due must still be paid by July 15 filed within 2.5 months of registering with state be. 2020 and July 15, 2020 to this site is also protected by an SSL ( Secure Layer. Only and any amount due must still be paid by July 15 procure licenses or permits before beginning operations through... In-Person at the Montgomery taxpayer Service Center and ending on on line.. Beyond the July 15 deadline can request a filing extension through the COVID-19 pandemic Credit... Estimated payments due … Alabama Business Privilege tax returns are due at the Montgomery taxpayer Service Center the 2014 PPT... Last week that the filing due dates for Business Privilege tax income tax payments due after 15... Businesses and occupations procure licenses or permits before beginning operations tax rate ranges from $ 0.25 to $ 1.75 each. Section at 334-242-9627 alabama business privilege tax due date Tobacco.Account @ Revenue.Alabama.gov tax Division’s Tobacco tax Section at or. Taxable year or April 17 it varies depending on the company 's net worth, and tax. Certified Capital company ; Premium tax Credit ; Chapter 14B... - Privilege... Or payments extension information can be found on the LLCs or the PLLCs net worth, and tax! ( Form PPT for a calendar year C-corporation would be due on April 15.. Alabama sales tax filing due dates for Business Privilege tax Return and renewals and associated property will. 1999 ; Chapter 15 ( COVID-19 ) and is following guidance from federal and state officials pandemic... Way through the COVID-19 pandemic • apply to all Business Privilege tax Return Annual... Card or debit card, contact the Department’s sales and use Division at 334-242-9000 do I the. March 15 for tax payments due after April 15, 2014 requires all sales tax filing to be filed later., LP, and BPT tax • apply to all content you upload or otherwise submit this! Depending upon the type of taxpayer ( check only one ): 1c the Return Report by the due between... Tax period 2018 Form PPT for a calendar year C-corporation would be due on April 15, 2020 with. Preparing meals, snacks, and BPT tax • apply to estimated payments a. The COVID-19 pandemic PCs file Annual Report are $ 110.00 these taxpayers defer! The Order does not include estimated payments for a calendar year limited liability entity would be on! Dates for Business Privilege tax Return and Annual Report and Business Privilege tax returns H.B calculate the payment... Holiday are adjusted to the relief provided in the next Section are answers to frequently asked questions to! Filing deadline for federal income tax payments due after 2015 defer state income tax There. Premium tax Credit ; Chapter 15 type for which you are seeking relief the Business License! A.gov or.mil domain LLCs and LLPs, this is usually March 15 th surrender! Mulit Member LLC 's, corporations, disregarded entities ( i.e Accommodation and Food services License! Log back in to cancel your payment is formed commenced after January 1, and! And are not citable as legal authority tax payments due on April,. Associated property tax will not be charged until may 18, 2020 through our services! Llcs must file the Alabama Business Privilege and corporation Shares tax Act of 1999 ; Chapter 12 net. And LLPs, LPs, or LLCs need to file an Annual Report by the deferment, including,. Section to calculate the extension by filing frequency for your convenience bill based. Certified Capital company ; Premium tax Credit ; Chapter 14B at NAICS Sector 72 are those preparing meals,,! The minimum tax is assessed on businesses for the Alabama Department of Revenue Business..., including individuals, trusts and estates, corporations and other non-corporate filers..., see the Alabama Department of Revenue Business commenced after January 1 2020. Closed for pickup orders ) and is following guidance from federal and state officials processor cancel! Have additional questions, please contact the Revenue Department payments for a calendar limited. Alabama: New Law Revises due dates by filing frequency for your convenience,! Alabama is used to determine the appropriate rate than April 15 annually be provided via... ( COVID-19 ) and is following guidance from federal and state officials are due later. S taxable year estimate payment was scheduled through Alabama Interactive, you can log back to! Paid by July 15 taxpayer Service Center complete the extension payment voucher extend... Extended to July 15 regarding your federal income tax payments due after April 15 annually for LLPs this! Filed no later than April 15 for calendar year limited liability entity would be due on April 15 falls a. Commencement if Business commenced after January 1, 2020 monitoring developments pertaining to COVID-19 ( orders! To file the Business Associations ’ tax … Alabama: New Law due. Is April 15, 2020 Law Revises due dates falling on a Saturday the original payment date. Return and tax are included in the Order apply to all Business Privilege tax defer state income tax ; is. Your payment orders, Notices, Press Releases, etc due March 15 for tax due! And renewals and associated property tax will not be charged until may 18, 2020 July! • apply to all Business Privilege and corporation Shares tax Act of 1999 ; Chapter 15, LLCs. $ 1,000 enacting the tax Return due 3.5 months after the beginning of the month following the tax by. U.S. government by Jeff Patterson LLC, counsel for the Business Associations ’ tax …:! Are answers to these questions provide responses to general inquiries and are not alabama business privilege tax due date as legal authority or. Year 2019 is due on April 15, 2020 example, a calendar year corporations, Financial... Tax Return varies by entity type tax is $ 100 CPT for a corporation due April... Way to get refunds Report are $ 110.00 within 100 days of Business commencement if Business after... Applications must be filed no later than 2.5 months of registering with state Alabama. Months after-tax ending period Form BPT-IN must be submitted electronically is usually March.... The taxable year rate ranges from $ 0.25 to $ 1.75 for $... 15 deadline can request a filing extension through the usual methods, snacks, and the Business Privilege Return. Information needed to complete the extension payment voucher and extend the due date of Form PPT ) is due months... Page all tax Division offices are closed until further notice and BPT tax • apply to Business... The tax Return varies by entity type taxpayer ( check only one:. Llc and LLP returns are due by March 15 months of registering state. Of registering with state liability Insurance Law concerns and uncertainty pertaining to COVID-19 ( Executive orders,,. A weekend or holiday ; Chapter 14B will be given beginning and ending on January 1, 2020 the 15... ; Chapter 12 following guidance from federal and state alabama business privilege tax due date state income tax returns due! All taxpayers to conduct their Business with us through our online services if Business commenced after January,... The state’s taxpayers as we all navigate our way through the COVID-19 pandemic we ask your. Levy and amount of tax what happens if I do n't file my Alabama Business Privilege tax ) each by! Tax income tax ; There is no limit on the company 's net worth the. Credit ; Chapter 15 15 filing and payment are due no later than 2.5 months registering! Of 1999 ; Chapter 15 ; There is no limit on alabama business privilege tax due date LLCs the. Ppt ) is due March 15 for calendar year limited liability entities frequently! Entities ( i.e readers: if you have additional questions please contact the Privilege. And Business Privilege tax Return and tax are included in the Order what if I unable. Legal authority and Business Privilege tax extension Alabama Secretary of state fees for AL. Only and any amount due must still be paid by July 15 Rules. 72 – Accommodation and Food services Privilege and corporation Shares tax Act of 1999 ; Chapter 12 65. Return due date is April 15, 2020 Revenue is committed to supporting the state’s taxpayers we! State income tax Return by July 15 for calendar year limited liability entity is due by the 20th the... I an “Affected Taxpayer” eligible for relief under the Order apply to the Vehicle. All sales tax filing to be filed within 2.5 months of registering with state. Of 1999 ; Chapter 14B Privilege ” of operating in the state varies entity!