Section 40-2A-18Interest on final assessment. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER. THIS SECTION HAS NOT BEEN CODIFIED BY THE LEGISLATURE.
Interest on any final assessment accrues from the date of entry of the final assessment on the total amount of its components including tax, interest, and any penalty, as one lump sum amount. The preceding sentence is a restatement of current law as it applies to interest accrual after final assessment. Notwithstanding any provision of 2001-1088, this section shall apply to all open tax years as of the effective date of 2001-1088 and for all subsequent tax years.
(Act 2001-1088, 2001 4th Sp. Sess., p. 1095, §6.)
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