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Does the Supplier or Permissive Supplier have to notify the department before taking the credit for tax on reported bad debt?

April 26, 2017bad credit debt Department notify Permissive reported Supplier taking tax

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Does the Supplier or Permissive Supplier have to notify the department before taking the credit for tax on reported bad debt?

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Yes, they must notify the Department within 30 days from the date the tax was due from the licensed Distributor or Importer.