Title 08 Taxation and Revenue
Chapter 08.10 Utilities, Franchise Taxes
Section 08.10.130 Procedure upon Underpayment
- Should it appear that a taxpayer has made a payment of tax and/or interest and/or penalty in an amount less than that actually due, the department, on the basis of whatever information it has, determines the amount remaining due and notifies the taxpayer by mail of the determination. The taxpayer is required thereafter to pay to the City treasurer the amount so determined within ten days of the date of mailing or such longer time as may be prescribed in the notice.
- The department may not re-assess a taxpayer who has underpaid any sum more than four years after the end of a particular tax year unless the taxpayer has:
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- failed to file a return; or
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- made a material, misleading, incomplete, false or fraudulent return or otherwise filed misleading, incomplete, false or fraudulent information; or
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- unless the taxpayer waives the limitation.
Date Passed: Monday, May 7, 2007
Effective Date: Wednesday, June 20, 2007
Recodification ORD C34025 Section 1