Changed tax liability; credit or refund adjustments
Sec. 8. If the tax liability of any taxpayer for which a credit is
determined and allowed under this chapter is, after the determination
and allowance of the credit, changed due to a post-abstract
adjustment, then the credit shall be correspondingly adjusted by the
county auditor with the assistance of the county treasurer to reflect
the changed tax liability and if a right to an additional refund results
therefrom, as provided for in section 7 of this chapter, then the
taxpayer, notwithstanding the provisions of IC 1971, 6-1.1-26, has
either ninety (90) days from the date the change is effected in which
to process a refund claim or until the June 1st expiration date for
refund claims as set forth in section 7 of this chapter, whichever is
the last to occur.
(Formerly: Acts 1975, P.L.47, SEC.1.)
Last modified: May 28, 2006