ALtax_creditmixed

Alabama Port Credit

PORT · Alabama

Summary

Per-unit credit applied against Alabama income tax for cargo shipped through Alabama ports: up to $50/TEU, $3/net ton (bulk cargo), $0.04/net kg (air cargo), $2.91/VEU. Enhanced rate of up to $100/TEU for 3 years for new distribution/warehouse shippers investing ≥$20M and creating ≥75 net new jobs. Rates stored in benefit_components.

Benefit

Percentage: —
Flat: —
Duration: —
Max annual: — (taxpayer)
Max total: — (taxpayer)
Carryforward: 5 years

Program metadata

Distribution: taxpayer_earned
Claimant subject: business
Refund/transfer election: none
Program family: —
Effective: —
Sunset: —
Application deadline: —
Transfer discount: —

Benefit components (5)

Name	Label	Benefit	Group
teu_standard	Standard TEU rate	$50	—
teu_enhanced	Enhanced TEU rate (new distribution/warehouse shippers)	$100	—
bulk_per_ton	Bulk cargo per net ton	$3	—
air_per_kg	Air cargo per net kilogram	$0	—
veu_rate	Vehicle equivalent unit rate	$3	—

Hard requirements (0)

None.

Preference / tiering rules (2)

min_investmentTo qualify for enhanced $100/TEU rate: must invest at least $20 million
min_new_jobsTo qualify for enhanced $100/TEU rate: must create at least 75 net new jobs

NAICS industries (0)

Any.

Geo zones (0)

Statewide / none specified.

Tags (3)

discretionary: true
requires_project_agreement: true
approving_agency: Alabama Department of Commerce

Tax bases

corporate_income_taxprimary

Source

https://www.revenue.alabama.gov/tax-incentives/income-tax-incentives/

Section 40-18-403, Code of Ala. 1975

Last verified: 2026-04-12

Discretionary — total credit amount approved by AL Dept. of Commerce; requires state project agreement. TEU = Twenty-foot Equivalent Unit; VEU = Vehicle Equivalent Unit.