2005 Vermont Code - § 7485. — Notice of deficiencies; assessment of penalties and interest

§ 7485. Notice of deficiencies; assessment of penalties and interest

If the commissioner finds that any taxpayer has failed to discharge in full the amount of any tax liability incurred under this chapter, or that a penalty or interest should be assessed under it, the commissioner shall notify the taxpayer of the deficiency or assess the penalty or interest, as the case may be, by mail. (Added 1969, No. 269 (Adj. Sess.), § 1, eff. date, see note under § 7401 of this title; amended 1979, No. 105 (Adj. Sess.), § 20.)