Usufruct
R.S. 47:264

Overpayments arising from allowance of deductions for bad debts or worthless stock ACTIVE

In the case of an overassessment which arises from the allowance of a deduction for a bad debt or worthless stock which has not been claimed and allowed on a return of the taxpayer for another year, the period of limitation prescribed in R.S. 47:1623 shall be extended for an additional period of two years, and the limitation on the amount of credit or refund provided in R.S. 47:1623 shall be suspended.

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References

Cited by

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History

  • enactment Acts 1950, No. 445, §2

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Cite R.S. 47:264

Bluebook
La. Rev. Stat. Ann. § 47:264 (2026).
Permalink
https://theusufruct.com/rs/title-47/section-264
BibTeX
@misc{larevstat-47-264,
  title        = {La. Rev. Stat. Ann. § 47:264},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-47/section-264},
  note         = {Snapshot 2026-05-22}
}