Provisional assessment allows taxpayers to pay tax provisionally pending final valuation, subject to bond and interest.

When a taxable person cannot determine value or applicable tax rate they may request a provisional assessment; the proper officer must, within ninety days, allow provisional tax payment at a specified rate or value, conditional on a bond securing payment of any difference. The proper officer must issue a final assessment within six months, subject to specified extensions, and interest is payable on unpaid provisional tax from the original due date at the prescribed rate; interest on any refund arising from final assessment follows the refund provisions.

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