36 §5254. Liability for withheld taxes
§5254. Liability for withheld taxes Every person required to deduct and withhold tax under this Part is hereby made liable for such tax. For purposes of assessment and collection, any amount required to be withheld and paid over to the assessor, and any additions to tax, penalties and interest with respect thereto, shall be considered […]
36 §5255. Failure to withhold
§5255. Failure to withhold A person who fails to deduct and withhold tax as required by this chapter is relieved from liability for that tax to the extent that the tax against which that tax may be credited has been paid, but the person is not relieved from liability for any additions to tax, penalties […]
36 §5255-A. Injunction (REPEALED)
§5255-A. Injunction (REPEALED) SECTION HISTORY PL 1971, c. 61, §10 (NEW). PL 1985, c. 535, §27 (AMD). PL 1997, c. 495, §5 (AMD). PL 2001, c. 583, §20 (RP).
36 §5255-B. Certain items of income under the United States Internal Revenue Code
§5255-B. Certain items of income under the United States Internal Revenue Code A person maintaining an office or transacting business within this State that is required to deduct and withhold a tax on items of income under the Code, other than wages subject to withholding as provided in section 5250, sales of real estate subject […]
36 §5255-C. Withholding on certain gambling winnings
§5255-C. Withholding on certain gambling winnings A person maintaining an office or transacting business within this State that is required to deduct and withhold a tax on items of income under the Code, Section 3402(q) shall deduct and withhold from such items, to the extent they constitute income that is not excluded from taxation under […]
36 §5256. Period for computation of taxable income
§5256. Period for computation of taxable income 1. General. For purposes of the tax imposed by this Part, a taxpayer’s taxable year is the same as the taxpayer’s taxable year for federal income tax purposes. [PL 1995, c. 281, §32 (AMD); PL 1995, c. 281, §43 (AFF).] 2. Change of taxable year. If a […]
36 §5257. Methods of accounting
§5257. Methods of accounting 1. Same as federal. For purposes of the tax imposed by this Part, a taxpayer’s method of accounting shall be the same as his method of accounting for federal income tax purposes. If no method of accounting has been regularly used by the taxpayer, taxable income for purposes of this Part […]
36 §5258. Adjustments
§5258. Adjustments In computing a taxpayer’s taxable income for any taxable year under a method of accounting different from the method under which the taxpayer’s taxable income for the previous year was computed, there shall be taken into account those adjustments which are determined, under regulations prescribed by the assessor, to be necessary solely by […]
36 §5259. Limitation on additional tax
§5259. Limitation on additional tax 1. Change other than to installment method. If a taxpayer’s method of accounting is changed, other than from an accrual to an installment method, any additional tax which results from adjustments determined to be necessary solely by reason of the change shall not be greater than if such adjustments were […]
36 §5260. Examination of return (REPEALED)
§5260. Examination of return (REPEALED) SECTION HISTORY P&SL 1969, c. 154, §F1 (NEW). PL 1979, c. 378, §36 (RP).