A person may, and if required by the tax commissioner shall, round to the nearest whole dollar all amounts the person is required to enter on any return, report, voucher, or other document. Any fractional part of a dollar that equals or exceeds fifty cents shall be rounded to the next whole dollar, and any fractional part of a dollar that is less than fifty cents shall be dropped. If a person chooses or is required to round amounts entered on the document, the person shall round all amounts entered.
Effective Date: 2000 HB612 09-29-2000
Section: Previous 5703.031 5703.04 5703.05 5703.051 5703.052 5703.053 5703.054 5703.055 5703.056 5703.057 5703.058 5703.059 5703.06 5703.061 5703.07 NextLast modified: October 10, 2016