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§ 13-407. Computation of sales and use tax

West's Annotated Code of MarylandTax-General

West's Annotated Code of Maryland
Tax-General (Refs & Annos)
Title 13. Procedure (Refs & Annos)
Subtitle 4. Assessments (Refs & Annos)
MD Code, Tax - General, § 13-407
§ 13-407. Computation of sales and use tax
Records not kept
(a) If a person or governmental unit fails to keep the records required under § 11-504 of this article, the Comptroller may:
(1) compute the sales and use tax by using a factor that the Comptroller develops by:
(i) a survey of the business of the person or governmental unit, including any available records;
(ii) a survey of other persons or governmental units engaged in the same or similar business; or
(iii) other means; and
(2) assess the tax due.
Proper resale certificate not obtained
(b)(1) If a person or governmental unit fails to obtain a proper resale certificate on or before the date stated in a notice of intent to assess the sales and use tax under § 11-408(b) of this article, the Comptroller may assess the sales and use tax on the sale.
(2) An assessment under this subsection is final.

Credits

Added as Tax-General § 13-408 by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989. Renumbered as Tax-General § 13-407 and amended by Acts 1988, c. 110, § 4; Acts 1988, c. 569, § 1.
Formerly Art. 81, §§ 333B, 344, 357, 399.
MD Code, Tax - General, § 13-407, MD TAX GENERAL § 13-407
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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