18.1.2.180 Request for Refund.

(a) Any taxpayer who believes they have made an overpayment of taxes may file a written claim for a refund with the Tax Office. A refund request must be filed within one (1) year after the alleged overpayment was made. The Tax Administrator shall investigate the claim and make written decision on the refund request.

(b) A refund, in the discretion of the Tax Administrator, may be in the form of cash either in a lump sum or in installments over not more than two (2) years, or a credit against future tax payments. Credits may be applied by the taxpayer in the amounts and on the schedule, not to exceed two (2) years, as approved by the Tax Office.

(c) Interest shall be allowed and paid on the amount of tax overpaid by a taxpayer that is subsequently refunded or credited.