§ 729.20. Mathematical errors; balance due on return without remittance.

(a)

When a mathematical error appears on the face of the annual return (including an overstatement of the credit for the amount paid as a quarterly installment), the City Treasurer shall correct such error and notify the taxpayer, in writing, of the deficiency in the tax. The taxpayer shall have ten days after receipt of such notice within which to pay such deficiency. If the taxpayer fails to pay such deficiency within ten days, the City Treasurer shall make an assessment of such deficiency in accordance with Section 729.21 and shall give the taxpayer written notice thereof.

(b)

If a taxpayer files a mathematically correct annual return which reflects a balance due of the tax administered under this Article, and if full payment thereof has not been made, the City Treasurer shall notify the taxpayer, in writing, of the amount of tax, penalties and interest due. The taxpayer shall have ten days after receipt of such notice within which to make such payment. If the taxpayer fails to make payment within such ten-day period, the City Treasurer shall proceed to collect the amount due.

(Code 1979, § 6-2-21; Code 1991, § 729.20)