This text of North Dakota § 57-40.2-15 (Penalties - Offenses) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
the monthly payment requirement applies separately to each return. If total sales and
purchases subject to sales and use taxes for any succeeding calendar year decrease
below three hundred thirty-three thousand dollars, a person may return to quarterly
installments. In the event of a business reorganization in which the ownership of the
business organization remains in the same person or persons as prior to the
reorganization, the total sales subject to sales and use taxes for the preceding
calendar year for the business that was reorganized must be used to determine
whether the tax is payable monthly under this section.
8.The commissioner, when in the commissioner's judgment it is necessary and advisable
to do so in order to secure the collection of such tax, may require any person subj
Free access — add to your briefcase to read the full text and ask questions with AI
the monthly payment requirement applies separately to each return. If total sales and
purchases subject to sales and use taxes for any succeeding calendar year decrease
below three hundred thirty-three thousand dollars, a person may return to quarterly
installments. In the event of a business reorganization in which the ownership of the
business organization remains in the same person or persons as prior to the
reorganization, the total sales subject to sales and use taxes for the preceding
calendar year for the business that was reorganized must be used to determine
whether the tax is payable monthly under this section.
8. The commissioner, when in the commissioner's judgment it is necessary and advisable
to do so in order to secure the collection of such tax, may require any person subject
to the tax to file with the commissioner a bond, issued by a surety company authorized
to transact business in this state and approved by the insurance commissioner as to
solvency and responsibility, in such amount as the commissioner may fix, to secure the
payment of any tax or penalties due or which may become due from such person. In
lieu of such bond, securities approved by the commissioner, in an amount which the
commissioner may prescribe, may be deposited with the commissioner, and such
securities must be kept in the custody of the commissioner, and may be sold by the
commissioner at public or private sale, without notice to the depositor thereof, if it
becomes necessary so to do in order to recover any tax or penalties due. Upon such
sale, the surplus, if any remains above the amounts due, must be returned to the
person who deposited the securities.
9. The commissioner may adopt rules for adding such tax, or the average equivalent
thereof, by providing different methods applying uniformly to retailers within the same
general classification for the purpose of enabling such retailers to add and collect, as
far as practicable, the amount of such tax.