Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:79-3222
Chapter Title:TAXATION
Article Title:INCOME TAX
Tax Type:Individual Income Tax; Corporate Income Tax; Privilege
Brief Description:Report of moneys paid or payable during taxable year; who
to make return; failure to report, penalties.
Keywords:


Body:

79-3222. Report of moneys paid or payable during taxable year; who to make return; failure to report, penalties. Every individual, partnership, corporation, joint stock company or association, or any other entity which does business in this state, which makes payments of income to any residents of this state or other persons and entities subject to taxation under the Kansas income tax act, and which is required to file an information return with respect to such payment with the internal revenue service, shall file a copy of such information return with the director of taxation at or before the time such return is required to be filed with the internal revenue service. Unless such income is so reported, the director may disallow the payments as deductions or credits in computing the tax of the payer or impose a penalty of $50 for each such failure.
History: L. 1933, ch. 320, 22; L. 1953, ch. 437, 2; L. 1972,ch. 342, 95; L. 1973, ch. 396, 1; L. 1984, ch. 351, 9; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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