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Indiana Code — Title 6 (Taxation)

IC 6-3.1-26-23

Noncompliance with agreement; assessments

Official textiga.in.govlast amended

Sec. 23. If the corporation determines that a taxpayer who has claimed a credit under this chapter is not entitled to the credit because of the taxpayer's noncompliance with the requirements of the tax credit agreement or all the provisions of this chapter, the corporation shall, after giving the taxpayer an opportunity to explain the noncompliance:

# (1)

notify the department of state revenue of the noncompliance; and

# (2)

request the department of state revenue to impose an assessment on the taxpayer in an amount that may not exceed the sum of any previously allowed credits under this chapter together with interest and penalties required or permitted by law.
As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.111; P.L.145-2016,
SEC.34.

Amendment history

As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.111; P.L.145-2016, SEC.34.

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Nearby sections (25 sections)
  1. 6-3.1-26-11 · "Taxpayer"
  2. 6-3.1-26-12 · Purpose of credit
  3. 6-3.1-26-13 · Entitlement to credit
  4. 6-3.1-26-14 · Amount of credit
  5. 6-3.1-26-15 · Carry forward of credit; acceleration of certain credits
  6. 6-3.1-26-16 · Shareholder or partner entitled to credit; acceleration of
  7. 6-3.1-26-17 · Application
  8. 6-3.1-26-18 · Agreement for credit; conditions
  9. 6-3.1-26-19 · Credit disallowed for relocated jobs
  10. 6-3.1-26-20 · Certification of qualified investments
  11. 6-3.1-26-21 · Agreement for credit; contents
  12. 6-3.1-26-22 · Certificate of verification
  13. 6-3.1-26-23 · Noncompliance with agreement; assessments
  14. 6-3.1-26-24 · Repealed
  15. 6-3.1-26-25 · Biennial evaluation; reporting requirements
  16. 6-3.1-26-26 · Repealed
  17. 6-3.1-26-27 · Credit subject to annual aggregate credit limit
  18. 6-3.1-29-0.1 · Application of chapter; severability
  19. 6-3.1-29-1 · Legislative intent; use of women and minority businesses as
  20. 6-3.1-29-2 · "Commission"
  21. 6-3.1-29-3 · "Corporation"
  22. 6-3.1-29-4 · "Department"
  23. 6-3.1-29-4.5 · "Fluidized bed combustion technology"
  24. 6-3.1-29-5 · "Indiana coal"
  25. 6-3.1-29-6 · "Integrated coal gasification powerplant"
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