§ 58.1-1214. Auditing of returns
The Department of Taxation may audit returns as the Commissioner deems necessary for the proper enforcement of the tax levied by this chapter. The Department shall correct all errors discovered by such audit and notify the bank concerned in each case. In case of an adjustment, it shall also notify every political subdivision imposing a tax against the bank for which the bank claimed a credit against the state tax under § 58.1-1213.
(Code 1950, § 58-485.016; 1980, c. 578; 1984, c. 675.)
Sections: Previous 58.1-1204 58.1-1204.1 58.1-1205 58.1-1206 58.1-1207 58.1-1208 58.1-1209 58.1-1210 58.1-1211 58.1-1212 58.1-1213 58.1-1214 58.1-1215 58.1-1216 58.1-1217 NextLast modified: April 16, 2009