10-35-8. Addition to assessable value for failure to file annual report.
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/sd/title-10/chapter-10-35/10-35-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In case any light or power, heating, water, natural or artificial gas company fails to make the report required by § 10-35-3 on or before April fifteenth of each year, the Department of Revenue in its discretion may add twenty-five percent to the assessable value of the property of such company.