Tax Type
Retail Sales and Use Tax
Description
Statute of Limitations; Compromise of Tax
Topic
Collection of Delinquent Tax
Date Issued
11-05-1976
The Department of Taxation is required to assess sales and use taxes for a period of three years in connection with cattle sales made to consumers by farmers who usually sell at wholesale. However, the Department may also assess taxes, in its discretion, for a six-year period since no returns were filed. In either event, the Tax Commissioner may compromise and settle these claims as "doubtful' since the "occasional sale' exemption may apply.
Attorney General's Opinion