§ 452A.67 — Limitation on collection proceedings

Iowa § 452A.67

• Jurisdiction: Iowa
• Title X: FINANCIAL RESOURCES
• Ch. 452A: MOTOR FUEL, SPECIAL FUEL, AND ELECTRIC FUEL TAXES

Text

1. The department shall examine the return and enforce collection of any amount of tax,
penalty, fine, or interest over and above the amount shown to be due by the return filed by
a licensee as soon as practicable but no later than three years after the return is filed. An
assessment shall not be made covering a period beyond three years after the return is filed
except that the period for the examination and determination of the correct amount of tax is
unlimited in the case of a false or fraudulent return made with the intent to evade tax or in
the case of a failure to file a return.
2. The three-year period of limitation may be extended by a taxpayer by signing a waiver
agreement form to be provided by the department. The agreement must stipulate the period
of extension and the tax period to which the extension applies. The agreement must also
provide that a claim for refund may be filed by the taxpayer at any time during the period of
extension.

Legislative History

[C58, 62, 66, §324.66; C71, 73, 75, 77, 79, 81, §324.67]