Loading chat...
MS SB2443
Bill
Status
3/5/2013
Primary Sponsor
Angela Burks Hill
Click for details
AI Summary
-
Protects taxpayers from back taxes if a Department of Revenue audit finds underpayment, provided the immediately preceding audit determined the taxpayer was properly collecting sales taxes
-
Taxpayer liability protection applies only when the same practices or circumstances deemed compliant in the previous audit are now being questioned in the current audit
-
Protection does not apply if sales tax statutes were changed between audits in a way that would make the taxpayer liable for the additional taxes
-
Requires the Department of Revenue to notify taxpayers of assessments by regular mail or agent delivery and demand payment within 60 days
-
Effective date: July 1, 2013
Legislative Description
Sales tax; limit liability if previous Department of Revenue audit determined taxpayer was in compliance with the law.
Last Action
Died In Committee
3/5/2013