Section 43.05.060. Agreements with department respecting liability.

The department may enter into an agreement with a person relating to the liability of the person, or of a person or estate the person represents, for a tax, license fee, or excise tax for a period ending before the date of the agreement.  If the agreement is approved by the attorney general, the agreement is final and conclusive and, except upon a showing of fraud or malfeasance, or misrepresentation of a material fact, the case may not be reopened as to the matters agreed upon or the agreement modified.  In a suit or proceeding relating to the tax liability of the taxpayer the agreement may not be annulled, modified, set aside, or disregarded.

Authorities

43.05.075

Notes

Implemented As

15 AAC 21.750

References

AS 43.05.075 Concealing or falsifying evidence.

History

(Sec. 48-2-14 ACLA 1949)