Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Uniform Local Sales and Use Tax Annotations

702.0000 TRANSMITTAL, LIMITATION, REDISTRIBUTION OF LOCAL TAX

Annotation 702.0175

702.0175 Date of Knowledge of Improper Distribution. The date of knowledge is the date on which the Board receives a communication with facts which indicate the probability of an improper distribution and such reported allocation is later found to be erroneous. The mere providing of a list of potential misallocations and no specific information regarding the facts which lead to believe there is a misallocation does not constitute a date on which the Board obtains knowledge of an improper distribution. 6/10/92.