§ 9533 - Tax liability, payment, and acknowledgement - Vermont Statutes

§ 9533. Tax liability, payment, and acknowledgement

(a) The tax imposed by this chapter is the sole liability of the transferor and shall conclusively be presumed to have been paid by the transferor only.

(b) The tax shall be paid by the transferor to the office of Vermont health access within 10 days after the date of the transfer, accompanied by the nursing home transferor tax form prescribed by the commissioner.

(c) A nursing home transferor tax return filing shall not be required for changes in nursing home ownership that are not transfers as defined in subdivision 9530(7) of this chapter.

(d) Notwithstanding anything to the contrary in 1 V.S.A. § 317 and 32 V.S.A. § 3102, tax return filings made pursuant to this chapter shall be public information, subject to disclosure pursuant to 1 V.S.A. § 316.

(e) Upon the receipt of the full amount of the tax, the director shall deposit receipts from the transferor tax in the health care trust fund established pursuant to 33 V.S.A. § 1956 and shall send a certificate of payment to the transferor, the transferee, and the division showing the date when the tax was received. (Added 1995, No. 14, § 5, eff. April 12, 1995; amended 1995, No. 186 (Adj. Sess.), § 12, eff. May 22, 1996; 1999, No. 147 (Adj. Sess.), § 4; 2005, No. 174 (Adj. Sess.), § 66.)