Late last month Alabama’s Governor Bob Riley signed into law Act 2003-332, which assesses a fee of $1 per tire to be collected at the point of sale from consumers on replacement tires, whether they are used, new or retread. Also, the Act, which is being labeled a Scrap Tire Environment Fee, will be charged to all tires, whether the are mounted on a rim or a wheel.
The Alabama Department of Revenue has been authorized to collect this fee. A tax form and any remittance due should be filed on or before the twentieth day of the month following each month's activity. The first report will be for this September, and must be filed on or before October 20,2003.Get curated news on YOUR industry.
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