Iowa Code 453A.51 – Assessment of cost of audit
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 453A.51
- Department: means the department of revenue. See Iowa Code 453A.1
- Person: shall mean and include every individual, firm, association, joint stock company, syndicate, partnership, corporation, trustee, agency or receiver, or respective legal representative. See Iowa Code 453A.1
- Tobacco products: means cigars; little cigars as defined in section 453A. See Iowa Code 453A.1
The department may employ auditors or other persons to audit and examine the books and records of a permit holder or other person dealing in tobacco products to ascertain whether the permit holder or other person has paid the amount of the taxes required to be paid by the permit holder or other person under the provisions of this chapter. If the taxes have not been paid, as required, the department shall assess against the permit holder or other person, as additional penalty, the reasonable expenses and costs of the investigation and audit.