Vt. Stat. Ann. tit. 32, § 5937
Priorities in claims to setoff
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
Priority in multiple claims to refunds allowed to be set off under the provisions of this chapter shall be in descending order of magnitude. Notwithstanding the priority set forth above, the Department may apply a refund to the outstanding Vermont State tax liability of a taxpayer, including a taxpayer's liability for interest, penalties, and fees, before any portion of a refund is transferred to a claimant agency.
Priority in multiple claims to refunds allowed to be set off under the provisions of this chapter shall be in descending order of magnitude. Notwithstanding the priority set forth above, the Department may apply a refund to the outstanding Vermont State tax liability of a taxpayer, including a taxpayer’s liability for interest, penalties, and fees, before any portion of a refund is transferred to a claimant agency.
Added 1981, No. 228 (Adj. Sess.), § 1, eff. May 4, 1982.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.