Skip to main content

Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 63, § 32E

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

(a) This section shall apply to credits earned under section 38X.

(b) At the written election of a taxpayer entitled to a credit under section 38X, the commissioner shall apply the credit against the liability of the taxpayer as determined on its return, as first reduced by any other available credits, and shall then refund to the taxpayer 90 per cent of the balance of the credits.

(c) The commissioner may require substantiation of a taxpayer's claim for a refund under subsection (b) before payment of the refund.  No interest shall accrue on a refund under section 40 of chapter 62C before the commissioner's receipt of the substantiation request.

(d) The commissioner shall promulgate regulations or other guidelines as he deems necessary to implement this section.  The commissioner shall submit any proposed regulations to the joint committee on revenue and the house and senate committees on ways and means before their adoption by the department.  The regulations shall be accompanied by a summary which clearly instructs the taxpayer of his rights under this section.

Cite this article: - Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 63, § 32E - last updated January 01, 2020 |

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Copied to clipboard