Alabama Code (Last Updated: November 28, 2014) |
Title16 EDUCATION. |
Chapter25B. RETIREMENT TRUST FOR FOOTBALL COACHES OF PUBLIC INSTITUTIONS OF HIGHER LEARNING. |
§16-25B-7. Inclusion for federal income taxes.
Latest version.
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As provided by the United States Internal Revenue Code, any sum deferred under the trust shall not be included for the purposes of computation of any federal income taxes withheld on behalf of any employee.