Phenix City: Tax Advantage

RDS (formerly AlaTax) is the tax administrator for the City of Phenix City. RDS works with hundreds of local and state governments in several states providing taxpayer services, including business tax collection, taxpayer registration, and online filing of business taxes. The services offered to the government agencies help bridge the gap between the government and their constituents. If you have questions, need forms, or want to file online, please go to www.revds.com.

Alabama Department of Revenue Tax Advantages for Industry

Russell County

Manufacturers Real Property Tax

(Tax Value) Rate Assess Effective Rate

$1000 Ratio In City Out of City

(59 Mills) (36 Mills)City

City $19.00 20% $3.80 $0.00

County $29.50 20% $5.90 $5.90

State $ 6.50 20% $1.30 $1.30

Total $55.00 $11.00 $7.20

*Above Tax Figures include 37.50 Mills for Schools.

Homestead Exemption Workman's Compensation

Maximum weekly Compensation

State County Phenix City payable limited to 2/3 of employee��s

$4,000 $20,000 $4,000 average weekly salary-cost to

*No Hold on School Taxes employer is below average.

Effective Rate / $1000 Actual Value

Value $11.80 $7.20 Corporate Franchise Tax

Domestic: $10.00/$1,000

Capital Stock, Min. $50.00

Retail Sales Foreign: $3.00/$1,000 of the

City County State actual amount of capital employed

3% 1% 4% within the state, Min. $25.00

State Taxes Corporate Permit Fee

Type Rate Type Rate Foreign Corp. Capital annual permit

Corporate 5% Retail Sales 4% fee in Alabama

Gasoline 18% Individual

Income Min. 2.0% & Max. 5.0% $5.00 < $1,000

$10.00 $1,000-$10,000

Sales and Use Tax $20.00 $10,000-$25,000

General Tax Rate: 4% Automobile, Manufacturing $50.00 $25,000-$50,000

and Farm Equipment Tax Rate: 1 and 1/2% $100.00 >$50,000

Inventory Tax Corporate Income Tax

Alabama exempts all business inventories from Domestic: 5% Max. of the net

property taxation. This includes all materials income annually. Deductions allowed

used in manufacturing, goods in process, stored for federal income tax paid or

manufacturing goods, and goods in transit. accrued.

Foreign: 5% of income annually from business

Unemployment Compensation within the state. Deductions are allowed for

For first $8,000 in wages annually: federal income tax paid or accrued.

A). If above statutory level, rates are 1/�� of 1% - 5.4 %

B). If below statutory level, rates adjusted, limited to a 25%.

Increases in the tax up to a .7% maximum increase new

employer begins with a tax rate of 2.7%