Provisional assessment allows provisional tax payment with a bond and creates interest liability until final assessment and payment.

Provisional assessment allows a taxable person unable to determine value or rate to request provisional tax payment; the proper officer must order provisional payment within a statutory period and may require a prescribed bond with surety or security to secure payment of any difference between provisional and final tax. The proper officer must finalize assessment within the statutory timeframe, subject to authorized extensions, and the registered person is liable for interest on unpaid provisional tax from the day after the ordinary due date until actual payment; refunds resulting from final assessment accrue interest under the refund provisions.

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