Tax Type
Retail Sales and Use Tax
Description
Audit, correction of a use tax assessment
Topic
Accounting Periods and Methods
Appropriateness of Audit Methodology
Taxpayers' Remedies
Date Issued
07-06-1982
July 6, 1982
Re: § 58-1118 Application: Use Tax
Dear ***************
Reference is made to your September 26, 1980 application for correction of a use tax assessment resulting from an audit of your records for the period December 1, 1971 through October 31, 1978.
As the result of several meetings in Richmond and a meeting at your office on May 28, 1982 with ************ of our Tax Policy Division, your audit had been adjusted to reflect s deficiency of $***** tax, $**** penalty and $ *****interest). Since a payment in the amount of $****** was received on February 6, 1980, the department is processing a refund in the amount of $ *****plus interest from the date of payment.
Enclosed for your information is a copy of the revised report of field audit along with the several contracts furnished this office.
Sincerely,
W. H. Forst
State Tax Commissioner
Rulings of the Tax Commissioner