LegalFix
Sign In

79-2970 Interest tolled after hearings held by director of taxation.

KS Stat § 79-2970 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

79-2970. Interest tolled after hearings held by director of taxation. No interest shall accrue on the amount of the assessment of tax subject to a hearing held by the director of taxation pursuant to chapter 79 of the Kansas Statutes Annotated beyond 120 days after the date the matter was fully submitted, except that, if a final order is issued within such time period, interest shall continue to accrue until such time as the tax liability is fully satisfied, and if a final order is issued beyond such time period, interest shall recommence to accrue from the date of such order until such time as the tax liability is fully satisfied.

History: L. 1987, ch. 293, § 2; July 1.

Previous Section
79-2969 Presumption of timely remittance of excise or income tax, when; allowance of delivery by private delivery services.
Next Section
79-2971 Responsibility for collection of certain excise taxes; personal liability imposed.