33001

(a) Taxes. — For purposes of this part, and unless otherwise provided in this Code, the term 'taxes' means any taxes, license fees, or levy provided in Parts II, III, IV, V, and VI of this subtitle.(b) Deficiency. — As used in this Code in connection with taxes imposed by any part of the Code, the term 'deficiency' means the amount by which the taxes imposed by any part of this Code is greater than the excess in:(1) The sum of:(A) The amount declared as taxes by the taxpayer in his/her tax return or in his/her tax statement if a tax return or tax statement was filed by the taxpayer and the taxpayer declared therein a certain amount as taxes or levy, plus(B) the amounts previously assessed or charged without assessment as deficiency, over;(2) The amount of the reductions made, as these are defined in subsection (c)(2).(c) Rules for the application of subsection (b). — For purposes of this section:(1) The taxes imposed by any part of this Code and the taxes declared in the tax return or tax statement shall be both determined without taking into account any payments made on estimated taxes, and without taking into account the credits in §§ 30221, 30222, 30224, 30225, 30227, 30228 and

tax statement shall be both determined without taking into account any payments made on estimated taxes, and without taking into account the credits in §§ 30221, 30222, 30224, 30225, 30227, 30228 and 30229 of this title.(2) The term 'reduction' means that part of a reduction, credit, refund, or other reimbursement made because the taxes imposed by any part of this Code were less than the excess of the amount specified in subsection (b)(1) over the amount of previously made reductions.(d) Last known address. — For purposes of this part, the term 'last known address' means the last address reported by the taxpayer in his income tax return, monthly sales and use tax return, or any other tax return filed, or in the form designed for such purposes. The address referred to in this section shall be that which is used by the Department of the Treasury which incorporates barcode smart mail systems and the update of such address pursuant to the parameters established by the United States Postal Service. History —Jan. 31, 2011, No. 1, § 6010.01, retroactive to Jan. 1, 2011.