72-16-458. Proration of any additional tax when election made. (1) If an election is made under 72-16-452 to pay any part of the tax imposed by Title 72, chapter 16, part 3, in installments and an additional tax is determined, the additional tax, subject to the limitation provided by 72-16-452(2), shall be prorated to the installments payable under 72-16-452.
     (2) (a) The part of the additional tax so prorated to any installment, the date for payment of which has not arrived, shall be collected at the same time as and as part of the installment.
     (b) The part of the additional tax so prorated to any installment already paid shall be paid on notice and demand from the department.
     (3) This section does not apply if the additional tax is due to negligence, intentional disregard of rules, or fraud with intent to evade tax.

     History: En. Sec. 20, Ch. 705, L. 1979.