When Issued
The assessor issues a best-judgment assessment when: no return was filed, the return is clearly incorrect, books are disqualified, or there is suspicion of income omission. The assessment is based on: capital declaration discrepancies, comparative data from similar businesses, information from third parties, and the assessor's professional experience.
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.