86 Ill. Adm. Code 850.200

Detrimental Reliance

Year: 2026Length: 53 wordsOfficial source
Section 850.200  Detrimental Reliance In any subsequent audit of the taxpayer by the Department, detrimental reliance that is based upon the results of the certified audit that the qualified practitioner conducts, or incorrect or misleading advice that the qualified practitioner gives, is not a defense against the assessment of tax, penalty, or interest.
86 Ill. Adm. Code 850.200: Detrimental Reliance | Justis AI