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What is Tax Refund Eligibility for Corporations about?

1) A tax refund may be claimed even beyond the taxable year following payment if the claim is filed within two years of paying the taxes. 2) The petitioner claimed a tax refund in 1997 for excess income taxes paid in 1995 that were unable to be used against tax liabilities in 1996. 3) While the Court of Appeals denied the refund for lack of evidence, the Supreme Court ruled that presenting the 1996 tax return was not strictly necessary, and that the claim for refund of unused 1995 taxes filed in 1997 was

Author

Lolers

Language

EN