Assessment of non-filers: proper officer may issue best-judgment tax assessments; return shortly after withdraws assessment. The proper officer may make a best-judgment assessment using all available material and issue an assessment order within five years from the statutory due ... Summary
Assessment of non-filers: proper officer may issue best-judgment tax assessments; return shortly after withdraws assessment.
The proper officer may make a best-judgment assessment using all available material and issue an assessment order within five years from the statutory due date for the annual return; a valid return furnished within thirty days of that order is deemed to withdraw the assessment, but interest and late fee liabilities continue.
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