Texas Tax Code

§ 111.203 — AGREEMENTS TO EXTEND PERIOD OF LIMITATION

TX § 111.203Title 2. STATE TAXATION · Part B. ENFORCEMENT AND COLLECTION · Ch. 111. COLLECTION PROCEDURES · Art. D. LIMITATIONS

Statute text

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(a)Before the expiration of the periods prescribed in Sections 111.104, 111.201, and 111.202 of this code for the filing of a refund claim or for the assessment and collection of any tax imposed by this title, the comptroller and a taxpayer may agree in writing to the filing of a refund claim or to an assessment and collection after that time. The agreement must contain the reasons the comptroller and the taxpayer wish to extend the period. At any time before the expiration of the period agreed on, the refund may be made, the tax may be assessed and collected, or an action may be commenced in any court to collect the amount delinquent.

(b)The extended period agreed on under Subsection (a) of this section may be extended by subsequent agreements made before the expiration of the extended period. All subsequent agreements must set forth the reasons for extending the period.

(c)No single extension agreement may be for a period of more than 24 months from the expiration date of the period being extended.

(d)The period for filing a refund claim or for assessment and collection of a tax may be extended if:

(1)without an extension, there might occur a revenue loss to the state;

(2)either the taxpayer or the comptroller, despite good faith efforts, requires more time to prepare for or complete the audit;

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Legislative history

Acts 1981, 67th Leg., p. 1508, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1983, 68th Leg., p. 458, ch. 94, Sec. 1, 2, eff. May 10, 1983.