§ 44-19-11 - Deficiency determinations – Interest.
SECTION 44-19-11
§ 44-19-11 Deficiency determinations– Interest. – If the tax administrator is not satisfied with the return or returns or theamount of tax paid to the tax administrator by any person, the administratormay compute and determine the amount required to be paid upon the basis of thefacts contained in the return or returns or upon the basis of any informationin his or her possession or that may come into his or her possession. One ormore deficiency determinations may be made of the amount due for one or formore than one month. The amount of the determination, exclusive of penalties,bears interest at the annual rate provided by § 44-1-7 from the fifteenthday (15th) after the close of the month for which the amount, or any portion ofit, should have been paid until the date of payment.