006.05.308-26-18-406. TAXPAYER RELIEF
AR ADC 006.05.308-26-18-406Arkansas Administrative Code
Ark. Admin. Code 006.05.308-26-18-406
006.05.308-26-18-406. TAXPAYER RELIEF
Taxpayers who receive a Notice of Proposed Assessment or Notice of Proposed Disallowance of a Claim for Refund may obtain an administrative review of the matter by the Department's Office of Hearings and Appeals as set forth in ACA 26-18-404. If the taxpayer is not satisfied with the decision issued by the Office of Hearings and Appeals, the taxpayer may request a further review of the matter by the Department's Commissioner of Revenue as set forth in ACA 26-18-405(d)(4).
Taxpayers have the option of bypassing administrative review by the Department altogether by taking the disputed assessment or refund claim directly to Chancery Court. When a taxpayer chooses to bypass the administrative review process, the following procedure shall apply with respect to a Notice of Proposed Assessment:
C. Within one (1) year from the issue date of the Notice of Final Assessment, the taxpayer must pay the entire amount of tax due for at least one tax period covered by the final assessment. A tax “period” is equivalent to any one (1) tax year (full or short) for which an Arkansas corporation income tax return must be filed. Taxpayers who pay only part of an assessment should be aware that the Department may proceed with collection activities, including the filing of liens as authorized under ACA 26-18-701, within thirty (30) days of the issuance of the final assessment, for any assessed, but unpaid taxes, penalties or interest owed by the taxpayer for all remaining tax periods covered by the final assessment;
When a taxpayer chooses to bypass the administrative review process, the following procedure shall apply with respect to a Notice of Proposed Disallowance of a Claim for Refund:
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 006.05.308-26-18-406, AR ADC 006.05.308-26-18-406
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