The Alabama Business Privilege Tax Return - revenue alabama 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the blanks for the beginning and ending dates of your balance sheet year. Indicate whether this is a calendar year, fiscal year, or short year by checking the appropriate box.
  3. Complete Lines 1 through 9, which represent your Annual Report. If any information has changed since your last filing, check the 'update' box to ensure your records are current.
  4. Attach your payment check made out to the Alabama Department of Revenue at the front of your return.
  5. For initial returns, complete Schedule E by entering relevant data from Schedules A and B as instructed. Ensure you skip any lines that do not apply.
  6. Review all entries for accuracy before submitting. Utilize our platform's features to save and share your completed form easily.

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The Business Privilege Tax remains due every registered year until the entity is legally dissolved/withdrawn through Alabama Secretary of State, regardless of whether such entity is actively doing business in Alabama.
Credit/Debit card payments can now be remitted through MyAlabamaTaxes! To remit payment click Pay a Bill or Create an Account. ACH Debit payments must be made through My Alabama Taxes. To sign up for My Alabama Taxes (MAT), you will need your tax account number, sign-on ID, and Access Code.
Rather, a franchise tax is imposed on businesses for the privilege of being organized or registered to transact business in that state. (In some states, this tax is referred to as a privilege tax.) Franchise tax is separate from state and federal income taxes that need to be filed each year.
How do I make a Payment for Business Privilege Tax? Payment Options. My Alabama Taxes. Pay via Credit/Debit card or ACH online with MyAlabamaTaxes. By Phone. By Mail.
Privilege taxes are imposed on businesses for the right to conduct business in a given state. Privilege taxes are usually based on the gross receipts or net worth of a business, but some are levied as a flat fee.

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Business Privilege Tax Rate The rates range from $0.25 to $1.75 for each $1,000 of net worth in Alabama. The minimum business privilege tax is $50.
Pay via Credit/Debit card or ACH online with MyAlabamaTaxes. Billing payments can be made at Pay Bill. Taxpayer Assistance Group (TAG): To make a credit card payment by phone, please contact the Alabama Department of Revenue Taxpayer Assistance Group at 334-353-8096.
Taxable year 2021 Form CPT would be due on April 15, 2021 for a calendar year C-corporation. For C-corporations with a fiscal year of June 30, the Alabama business privilege tax return is due no later than two and a half months after the beginning of a taxpayers taxable year.

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