Ala. Code § 34-27-65 (2026) – Proceeds from Sale, Etc., of Lease Plan Exempt from Transient Occupancy Tax. | Midpage
§ 34-27-65
Ala. Code § 34-27-65 (2026)
Proceeds from Sale, Etc., of Lease Plan Exempt from Transient Occupancy Tax.
(Acts 1983, No. 83-670, p. 1035, §16.)
The proceeds from the sale or resale of any vacation time-sharing lease plan shall be exempt from the Transient Occupancy Tax imposed by Section 40-26-1.