Upon the receipt of the report provided for in section 293.05, the commissioner shall determine, from information possessed or obtained, whether the same is correct or otherwise. If found correct, the commissioner shall determine therefrom the amount of tax due from such income or annuity recipient, and shall record the amount thereof and shall make a certificate of taxes due thereon from such person; and, on or before the first day of May, of each year, file the same with the commissioner of management and budget; and the commissioner of revenue shall have power, in case the report is deemed incorrect, to make findings as to the amount of such taxes due after hearing upon notice to the person interested, and the findings shall have the same effect as the determination of the amount of such taxes upon a report made as hereinbefore provided.
(2394-96) Ex1937 c 91 s 6; 1973 c 492 s 14; 1973 c 582 s 3; 1986 c 444; 2003 c 112 art 2 s 37; 2009 c 101 art 2 s 109
Structure Minnesota Statutes
Chapters 289A - 295 — Various State Taxes And Programs
Chapter 293 — Educational Institutions; Exempt Property, Income
Section 293.01 — Tax On Income Reserved To Donor In Conveyance To Educational Institution.
Section 293.03 — Place Of Taxation; Lien.
Section 293.04 — Annual Report By Taxpayer.
Section 293.05 — Report By Educational Institution.
Section 293.06 — Consideration And Determination Of Report.
Section 293.07 — Penalty For Failure To Make Report; Assessment By Commissioner Of Revenue.
Section 293.08 — Date Of Payment; Penalty For Nonpayment.
Section 293.09 — Withholding Of Tax By Educational Institution; Liability On Failure To Withhold.
Section 293.10 — Draft On Delinquent; Evidence.
Section 293.12 — False Report; Perjury.
Section 293.13 — Examination Of Books And Papers; Refusal As Misdemeanor.
Section 293.14 — Refund Of Tax Erroneously Collected; Disposition Of Proceeds.