REQUEST FOR FINANCIAL INFORMATION
Administrative Rule Adopted by Revenue Division Pursuant to Rule-Making Authority
A. The Division may request financial information from the taxfiler to ascertain the correctness of any claim of exemption.
B. Failure of the taxfiler to provide information deemed reasonably necessary by the Division to support a claim of exemption by the taxfiler permits the Division to deny the exemption request.
C. The Division may request financial information, including but not limited to federal and state tax returns to ascertain the correctness of a statement by an individual that they do not have income and do not owe the tax.
D. Failure of the taxfiler to provide information deemed reasonably necessary by the Division to support a claim of no income permits the Division to assess the tax.
E. Pursuant to authority granted by 42 USC 405 (c)(2)(C)(i), the Division may require taxpayers to provide their full Social Security number. The purpose of this requirement is to assist in the administration of the Arts Tax including, but not limited to, compliance with federal Form 1099 filing requirements and comparison of Arts Tax filings to federal taxfiler information.
Amended by Director of Revenue Division December 30, 2015.
Amended by Director of Revenue Division May 8, 2015.
Amended by Director of Revenue Bureau May 2, 2013.
Adopted by Director of Revenue Bureau February 20, 2013.
Filed for inclusion in PPD March 4, 2013.