Your feedback ensures we stay focused on the facts that matter to you most—take our survey.
Alabama Corporate Income Tax, Amendment 1 (1963)
|
|
|
The Alabama Corporate Income Tax, Amendment 1, also known as Amendment 1, was on the ballot in Alabama on December 10, 1963, as a legislatively referred constitutional amendment. It was approved. The amendment proposed to amend the constitution. The amendment proposed that the state would be authorized to levy a corporate income tax of five percent. All federal income taxes paid or accrued will continue to be deductible for the purpose of tabulating state taxable net income. The tax would first be levied in the fiscal year 1963 and each year thereafter.[1]
Election results
| Alabama Amendment 1 (December 1963) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 73,083 | 62.93% | ||
| No | 43,050 | 37.07% | ||
Election results via: Alabama Official and Statistical Register, 1967
See also
- Alabama 1963 ballot measures
- 1963 ballot measures
- List of Alabama ballot measures
- History of Initiative & Referendum in Alabama
External links
Footnotes
 |
State of Alabama Montgomery (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
