Refund obligation for collected tax requires assessees to repay the payer promptly after receiving a governmental refund. An assessee who receives a refund under subsection (2) of section 99 must refund the amount to the person from whom it was collected within thirty days of ... Summary
Refund obligation for collected tax requires assessees to repay the payer promptly after receiving a governmental refund.
An assessee who receives a refund under subsection (2) of section 99 must refund the amount to the person from whom it was collected within thirty days of receipt, creating a prompt repayment obligation on the collecting assessee.
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