N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 1410: Determination of tax liability

§ 1410. Determination of tax liability. The commission may perform

audits of the books and records of an interactive fantasy sports

operator with a permit or registrant, at such times and intervals as it

deems appropriate, for the purpose of determining the sufficiency of tax

payments. If a return required with regard to obligations imposed is not

filed, or if a return when filed or is determined by the commission to

be incorrect or insufficient with or without an audit, the amount of tax

due shall be determined by the commission. Notice of such determination

shall be given to the interactive fantasy sports operator liable for the

payment of the tax. Such determination shall finally and irrevocably fix

the tax unless the person against whom it is assessed, within thirty

days after receiving notice of such determination, shall apply to the

commission for a hearing in accordance with the regulations of the

commission.