§ 28-46-7 - Tax liability and lien.
SECTION 28-46-7
§ 28-46-7 Tax liability and lien. –After the investigation of the employer, the director shall certify to the taxadministrator the total amount of non-vested pension benefits that areincludable in determining an employer's tax liability under this chapter andthe amount of those benefits which have been compromised or settled to thesatisfaction of the commissioner. The tax administrator shall determine theamount of an employer's tax liability under this chapter and shall notify theemployer of the amount of the tax. The tax shall be due and payable to the taxadministrator on the date that the employer ceases to operate its place ofemployment and shall be a lien upon all of the employer's assets within thisstate. If the tax is not paid when due, the employer shall be liable forinterest on the amount due at the rate of six per cent (6%) per annum until thetax and interest are paid.