2005 Idaho Code - 54-419 — FAILURE TO MAKE REPORTS -- ADDITIONAL TAX -- NOTICE -- PENALTY FOR DELINQUENCY

                                  TITLE  54
                    PROFESSIONS, VOCATIONS, AND BUSINESSES
                                  CHAPTER 4
                          STATE ATHLETIC COMMISSION
    54-419.  FAILURE TO MAKE REPORTS -- ADDITIONAL TAX -- NOTICE -- PENALTY
FOR DELINQUENCY. Whenever any licensee shall fail to make a report of any
contest or exhibition within the time prescribed in this chapter or when such
report is unsatisfactory to the commission, the commissioner or his designee
shall examine the books and records of such licensee; he may subpoena and
examine under oath any officer of such licensee and such other person or
persons as he may deem necessary to a determination of the total gross
receipts from any contest or exhibition and the amount of tax thereon. If,
upon the completion of such examination it shall be determined that an
additional tax is due, notice thereof shall be served upon the licensee, and
if such licensee shall fail to pay such additional tax within twenty (20) days
after service of such notice the delinquent licensee shall forfeit his license
and shall forever be disqualified from receiving any new license and in
addition thereto, such licensee shall be liable to this state in the penal sum
of ten thousand dollars ($10,000) to be collected by the attorney general by
civil action in the name of the state in the manner provided by law. All
moneys collected pursuant to the provisions of this section shall be remitted
to the state athletic commission fund.