(a) No assessment of any insurance premium tax levied under §§ 11-9-301 -- 11-9-307, 23-75-119, 23-76-131, or this subchapter shall be made after the expiration of five (5) years from the date the tax report was required to be filed or the date the tax report was filed, whichever period expires later.
(b) No amended tax report or verified claim for credit or refund of an overpayment of any insurance premium tax collected under §§ 11-9-301 -- 11-9-307, 23-75-119, 23-76-131, or this subchapter shall be filed after five (5) years from the date the tax report was required to be filed or the date the tax report was filed, whichever period expires later, nor shall any credit, overpayment, or previously unclaimed offset, deduction, or other reduction be paid or allowed.
(c) All usual and customary records used in the preparation of a tax report shall be maintained for a period of five (5) years after the tax report was required to be filed or was filed, whichever period expires later.
Section: Previous 26-57-602 26-57-603 26-57-604 26-57-605 26-57-607 26-57-608 26-57-610 26-57-611 26-57-612 26-57-613 26-57-614 26-57-615 26-57-616Last modified: November 15, 2016