Are you purchasing an existing business? Did you know you could be personally liable for the existing businesses' tax liablity if taxes are in arrears and/or delinquent? According to the Code of Alabama 1975, as amended, Title 40-23-25, you could be personally liable for unpaid taxes that are due by the current owner. If you are the successor (purchaser) of the business, you can request information by downloading the "Certificate of Good Standing" form. Please complete this form in its entirety and fax to 251.972.6836 along with your purchase agreement.
Certificate of Good Standing
A response to your request will be mailed within ten (10) days to the mailing address you provide. Please understand that no tax information wil be divulged by phone or to anyone other than the successor of the business as allowed in Code of Alabama, 1975, as amended, Title 40-2A-10(f)(1).