Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
465.0000 REMEDIES OF TAXPAYERS
(c) NOTICE OF DETERMINATION
465.0600 Joint Venture Returns. Several construction contractors formed a joint venture for the purpose of performing a construction project. The joint venture applied for and received a seller's permit. Returns were filed. The contractors later formed other joint ventures for performing other construction projects. The later joint ventures continued to file returns under the permit number of the first joint venture. The Board audited the later joint ventures and found deficiencies. The later joint ventures were regarded as having failed to file returns, thus the eight-year statute of limitations applied. The returns filed under the permit were not returns filed by the later joint ventures. 11/5/93.