Discontinuance, sale, or transfer of distributor's business; accrued
tax liabilities due and payable
Sec. 513. Notwithstanding any other provision of this chapter, any
tax, penalty, and interest which have accrued under this chapter are
due and payable at the time a distributor discontinues, sells, or
transfers his business. The distributor shall file a report and pay any
tax, penalty, and interest within ten (10) days after the
discontinuance, sale, or transfer.
As added by Acts 1979, P.L.79, SEC.1.
Last modified: May 28, 2006