59-1-503 - Assessment and payment of deficiency. - Utah Statutes

59-1-503. Assessment and payment of deficiency.
(1) Following a redetermination of a deficiency by the commission, the entire amountredetermined as the deficiency by the decision of the commission, which has become final, shallbe assessed and shall be paid within 30 days from the date the notice and demand is sent from thecommission.
(2) If the taxpayer does not file a petition with the commission within the time prescribedfor filing the petition, the deficiency, notice of which has been sent to the taxpayer, shall beassessed, and shall be paid within 30 days from the date the notice and demand is sent from thecommission.

Amended by Chapter 9, 2001 General Session