Tax credit or refund claims; inspection of records; improperly
allowed claims
Sec. 7.7. (a) To claim a credit or a refund, or both, under this
chapter, a person must provide a sworn statement to the bureau or to
an agent branch of the bureau that the person is entitled to the credit
or refund, or both, claimed by the person.
(b) The bureau may inspect records of a person claiming a credit
or refund, or both, under this chapter to determine if a credit or
refund, or both, was properly allowed against the motor vehicle
excise tax imposed on a vehicle owned by the person.
(c) If the bureau determines that a credit or refund, or both, was
improperly allowed for a particular vehicle, the person who claimed
the credit or refund, or both, shall pay the bureau an amount equal to
the credit or refund, or both, improperly allowed to the person plus
a penalty of ten percent (10%) of the credit or refund, or both,
improperly allowed. The tax collected under this subsection shall be
paid to the county treasurer of the county in which the taxpayer
resides. However, a penalty collected under this subsection shall be
retained by the bureau.
As added by P.L.335-1989(ss), SEC.13.
Last modified: May 28, 2006