Deficiency assessment -- review -- interest
(1) When the department determines that the amount of tax due is greater than the amount disclosed by a return, it shall mail to the taxpayer a notice, as provided in 15-1-211, of the additional tax proposed to be assessed. The taxpayer may seek review of the determination pursuant to 15-1-211.
(2) Interest must be added to the deficiency assessment as provided in 15-1-216.
(1) When If the department determines that the amount of tax due is greater than the amount disclosed by a return, it shall mail to the taxpayer a notice, as provided in 15-1-211, of the additional tax proposed to be assessed. The taxpayer may seek review of the determination pursuant to 15-1-211.
(2) Interest Penalty and interest must be added to the any deficiency assessment as provided in 15-1-216.
Deficiency assessment -- – review -- – penalty and interest
| EnactedEn. SectionSec. 1, ChapterCh. 14, Laws ofL. 1983 |
| AmendedAmd. SectionSec. 24, ChapterCh. 811, Laws ofL. 1991 |
| AmendedAmd. SectionSec. 41, ChapterCh. 427, Laws ofL. 1999 (HB 132 - Kasten, Betty Lou (R) HD 99) |