equitable recoupment

noun

Legal Definition of equitable recoupment

: a doctrine that allows the government to collect a tax or a taxpayer to collect a refund of tax after the running of the statute of limitations for such collection in cases where the statute of limitations creates an inequitable result

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“Equitable recoupment.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/equitable%20recoupment. Accessed 22 Oct. 2020.

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