§ 44-14-19 - Examination and correction of returns – Refund or credit.
SECTION 44-14-19
§ 44-14-19 Examination and correction ofreturns – Refund or credit. – As soon as practicable after the return is filed, the tax administrator shallexamine it and determine the correct amount of the tax and, in case any errorshall be disclosed by the examination, he or she shall notify the taxpayer. Thetax administrator shall give the taxpayer not less than thirty (30) days'notice by mail of the time and place of the hearing upon the question of thecorrect amount of the tax. After the hearing, the taxpayer shall be givennotice, by mail, by the tax administrator of the tax administrator'sdetermination of the correct amount of the tax. If the tax administratordetermines that the taxpayer has paid a tax in excess of the amount lawfullydue, the tax administrator shall allow a refund or permit a credit as providedby law. If the tax administrator shall determine that the excess payment wasmade in good faith, the tax administrator may make the refund with interest atthe annual rate prescribed by § 44-1-7.1 from the date of the excesspayment.