Provisional assessment permits provisional tax payment pending final valuation, conditioned on bond security and payable interest.

Provisional assessment allows a taxable person unable to fix value or rate to request provisional payment; the proper officer must order provisional taxation within a prescribed period and may require a bond with surety to secure payment of any difference. A final assessment must be completed within six months subject to limited extensions, and the registered person owes interest on any tax payable under the provisional assessment from the ordinary due date until payment; refunds following final assessment attract interest under refund provisions.

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