§287.663. Overpayments arising from allowance of deductions for bad debts or worthless stock
In the case of an overassessment which arises from the allowance of a deduction for a bad debt or worthless stock which has not been claimed and allowed on a return of the taxpayer for another year, the period of limitation prescribed in R.S. 47:1623 shall be extended for an additional period of two years, and the limitation on the amount of credit or refund provided in R.S. 47:1623 shall be suspended.
Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986.
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