HB391, Act #2022-252 Reduces the Minimum BPT from $100 to $50 for 2023
Alabama Tax Changes Effective January 1, 2023 Under current law, Alabama’s business privilege tax has a minimum payment of $100 per year, but that minimum will phase out as a result of H.B. 391, enacted in April 2022. Starting in 2023, the minimum tax owed will decrease from $100 to $50 and in 2024 it will be phased out.
Sources: HB391 and Act 2022-252