10-59-24. Recovery refund--Interest included--Exception.
A recovery credit or a recovery refund shall include interest at the same rate the taxpayer would be charged, except a recover of an overpayment, resulting from a taxpayer's error, may not include interest.
Source: SL 1986, ch 111, § 24.
10-59-24.1. Over-collected sales or use taxes--Purchaser notice to seller requesting refund--Response.
No purchaser has a cause of action against a seller for over-collected sales or use taxes until the purchaser has provided written notice to a seller requesting a refund of over-collected sales or use taxes and the seller has had sixty days to respond. The notice to the seller shall contain the information necessary to determine the validity of the request.
Source: SL 2005, ch 85, § 1.
10-59-24.2. Notice requesting refund of over-collected sales or use taxes--Presumption of reasonable business practice.
In connection with a purchaser's written notice to a seller requesting a refund of over-collected sales or use taxes pursuant to § 10-59-24.1, a seller is presumed to have a reasonable business practice, if in the collection of such sales or use taxes, the seller uses either a provider or a system, including a proprietary system, that is certified by the state or the Streamlined Sales Tax Governing Board; and has remitted to the state all taxes collected less any deductions, credits, or collection allowances.
Source: SL 2005, ch 85, § 2.