Idaho Admin. Code r. 35.02.01.010 - DEFINITIONS

Section 63-3003, Idaho Code

01. Date of Filing or Payment. Materials not mailed with the United States Postal Service or a private delivery service designated as qualifying under Section 7502, Internal Revenue Code, are filed when physically received by the Tax Commission. (3-15-22)

02. Pay, Paid, Payable or Payment. When used in reference to an amount of tax, penalty, interest, fee or other amount of money due to the Tax Commission, the words pay, paid, payable, or payment mean an irrevocable tender to the Tax Commission of lawful money of the United States. (3-15-22)

a. As used herein, lawful money of the United States means; (3-15-22)

i. Currency or coin of the United States at face value; and (3-15-22)

ii. Negotiable checks drawn on a United States bank or other financial institution that are payable in full in money of the United States. (3-15-22)

b. The words pay, paid, payable, or payment do not include: (3-15-22)

i. Submission to the Tax Commission of a check or draft that is subsequently dishonored by the institution on which it is drawn. (3-15-22)

ii. Submission to the Tax Commission of a check or draft drawn on a foreign bank or other financial institution in regard to which any processing fees may be incurred by the state of Idaho. (3-15-22)

Notes

Idaho Admin. Code r. 35.02.01.010