Section 105-251 - Information required of taxpayer and corrections based on information(a) Scope of Information. - A taxpayer must give information to the Secretary when the Secretary requests the information. The Secretary may request a taxpayer to provide only the following kinds of information on a return, a report, or otherwise:(1) Information that identifies the taxpayer.(2) Information needed to determine the liability of the taxpayer for a tax.(3) Information needed to determine whether an item is subject to a tax.(4) Information that enables the Secretary to collect a tax.(5) Financial or tax documentation required to determine the appropriate adjustment under G.S. 105-130.5A. If such information is not timely provided as required under G.S. 105-130.5A(a), the Secretary may propose any adjustment allowable under Part 1 of Article 4 of this Chapter.(6) Other information the law requires a taxpayer to provide or the Secretary needs to perform a duty a law requires the Secretary to perform.(b) Correction of Liability. - When a taxpayer provides information to the Secretary within the statute of limitations and the information establishes that an assessment against the taxpayer is incorrect or that the taxpayer is allowed a refund, the Secretary must adjust the assessment or issue the refund in accordance with the information. This action is a correction of an error by the Department or by the taxpayer and is not part of the process for the administrative or judicial review of a proposed assessment or a claim for refund.N.C. Gen. Stat. § 105-251
Amended by 2021 N.C. Sess. Laws 180,s. 42.13B-f, eff. 11/18/2021.Amended by 2008 N.C. Sess. Laws 134,s. 71, eff. 7/28/2008. 1939, c. 158, s. 921; 1973, c. 476, s. 193; 1993 (Reg. Sess., 1994), c. 661, s. 2.