Sales/Use/Indirect:
Alabama DOR Proposes Rule Changes on Taxability of TPP Withdrawals from Inventory with Comments Due June 4
Proposed Repeal of and Replacement with New Reg. section 810-6-1-.196, Ala. Dept. of Rev. (4/19/24). The Alabama Department of Revenue is proposing to repeal its current rule on the Alabama sales and use taxability of withdrawals of tangible personal property from inventory and replace it with a new version to “provide better clarity to taxpayers relating to taxable transactions for withdrawals from inventory.” The proposed new rule is structured into three parts, one addressing taxable transactions and the other two covering underlying tax exemptions and exceptions. Written comments on this proposal are due by June 4, 2024, and a related virtual public hearing is scheduled for the same date. Please contact us with any questions.
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