After the pipe is cast, the pipe then undergoes various heat treatments, referred to as the annealing process to transform the cast pipe. The molten iron is then poured into a rotating mold and undergoes centrifugal casting. According to this Ruling, a particular company manufactures pipe at a facility in Alabama, and the pipe is manufactured first by heating iron until it is molten. Utility Gross Receipts Tax Exclusion: The Alabama Department of Revenue (Department) issued Revenue Ruling 2023-002 dealing with the question of whether a certain set of facts qualifies for the exclusion from utility gross receipts tax. Contact information is also included in this Notice for any questions. The Department in the Notice also states that the Originating Company ID for local motor fuel taxes and non-state administrated local sales, use, rental, and lodging taxes filed through My Alabama Taxes/Single Point/ONE SPOT, will not change. The Department then stated that the new Originating Company ID "MAT 6045055" must be added before January 31, 2024, to avoid interruption in processing future payments, but added that the taxpayer should not remove the current Originating Company ID "ADORCCD000" until after January 31, 2024, so that payments made before that date do not fail. While not all accounts will require this feature, the Department did state that if the taxpayer is unsure if the taxpayer's bank or financial institution account utilizes a debit block, then the taxpayer needs to contact them to verify. The Department stated that this change is required because the Department is changing banks. January 2024ĭebit Block Code to Change By January 31, 2024: The Alabama Department of Revenue (Department) recently published a Notice stating that if a taxpayer pays taxes through My Alabama Taxes using accounts that employ a debit block which requires an Originating Company ID (debit block code) to be approved for Automated Clearing House (ACH) debits, then the taxpayer must provide to the taxpayer's bank or financial institution an additional debit block code. Select Developments will identify one or more recent state and local tax developments from Alabama. To assist you with staying current on a periodic basis, Baker Donelson's S.A.L.T. Where multiple jurisdictions are involved, staying current with state and local tax developments can be overwhelming for any taxpayer. S.A.L.T developments in any one jurisdiction can be frequent and sometimes confusing. State and local taxes impact almost every taxpayer.
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