Indiana Code — Title 6 (Taxation)
IC 6-3-4.5-7
Partner level adjustments report; assessment; adjustments to
tax attributes
Sec. 7.
# (a)
If the department receives the partner level adjustments report or statement required to be provided under section 6 of this chapter and the department determines that a taxpayer has not reported the correct amount of tax to the department, the department shall issue an assessment to the taxpayer of any tax due.
# (b)
For purposes of any assessment, protest, and litigation related to a partner level adjustments report or statement arising from a partner level adjustments report, any adjustments to tax attributes reported in the partner level adjustments report shall be final.
As added by P.L.159-2021, SEC.18.
Amendment history
As added by P.L.159-2021, SEC.18.
Source: view the official text
Nearby sections (25 sections)
- 6-3-4-16 · Procedures to implement crosschecks between certain forms
- 6-3-4-16.3 · Corporations; electronic return; exceptions
- 6-3-4-16.5 · Electronic filing; withholding
- 6-3-4-16.7 · Reports in electronic format
- 6-3-4-17 · Quarterly reports concerning local income taxes
- 6-3-4.5-1 · Definitions
- 6-3-4.5-2 · Amended return; pass through entity; adjustment for a review
- 6-3-4.5-3 · Department audit or investigation; tax attribute; report of
- 6-3-4.5-3.5 · Underreporting of tax due by partner in partnership
- 6-3-4.5-4 · Partnership's right to protest and appeal
- 6-3-4.5-5 · Report of partnership adjustments; timing; protest; appeal;
- 6-3-4.5-6 · Partnership duties; partner level adjustments report;
- 6-3-4.5-7 · Partner level adjustments report; assessment; adjustments to
- 6-3-4.5-8 · Filing of amended partnership return; remittance; tiered
- 6-3-4.5-9 · Partnership level audit; final federal adjustments;…
- 6-3-4.5-10 · Reporting and payment requirements; tiered partners; rules
- 6-3-4.5-11 · Procedures; alternative reporting and payment method;
- 6-3-4.5-12 · Irrevocable election; no deduction or credit; other state…
- 6-3-4.5-13 · Designation of a state partnership representative;
- 6-3-4.5-14 · Changes to a report of final partnership adjustments;…
- 6-3-4.5-15 · Reports; proposed assessment; timing; protest; appeal
- 6-3-4.5-16 · Incorrect reporting of tax attributes; proposed assessment;
- 6-3-4.5-17 · Inconsistent reporting of tax attribute; disclosure;…
- 6-3-4.5-18 · Reporting requirements; liability for tax; proposed…
- 6-3-4.5-19 · Remitting payment on behalf of a partner; claim for refund