If any person fails to make a report of any match within the time prescribed by this chapter, or whenever such report is unsatisfactory to the commissioner, the commissioner may examine or cause to be examined the books and records of such person, and subpoena and examine under oath witnesses, for the purpose of determining the total amount of the gross receipts for any match and the amount of tax due pursuant to the provisions of this chapter. The commissioner may, as the result of such examination, fix and determine the tax, and may also assess the licensee the reasonable cost of conducting the examination. If any person defaults in the payment of any tax due or the costs incurred in making such examination, such person shall forfeit to the state of Iowa the sum of five thousand dollars, which may be recovered by the attorney general from the sureties of the bond required by section 90A.8.
[C71, 73, 75, 77, § 727A.9; C79, 81, § 99C.9]
86 Acts, ch 1245, § 944 ~IC87, § 90A.9
Iowa General Assembly
Search: Iowa Code 1997
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