Alabama Code (Last Updated: November 28, 2014)

§40-8-2. Rate of taxation - Established.

Latest version.

The rate of taxation for state purposes shall be sixty-five one-hundredths of one percent per annum on the assessed value of the taxable property within this state.

(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §18.)

                    
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