DEPARTMENT OF STATE REVENUE
04-20091029P.LOF
Letter of Findings Number: 09-1029P
Sales and Use Tax – Interest
For the Periods 2007-2008
NOTICE: Under IC § 4-22-7-7, this document is required to be published in the Indiana Register and is effective on its date of publication. It shall remain in effect until the date it is superseded or deleted by the publication of a new document in the Indiana Register. The publication of this document will provide the general public with information about the Department's official position concerning a specific issue.
ISSUE
I. Tax Administration–Interest.
Authority: IC § 6-8.1-10-1.
Taxpayer protests the imposition of interest on its tax liability.
STATEMENT OF FACTS
Taxpayer is a company doing business in Indiana. The Indiana Department of Revenue ("Department") audited Taxpayer for sales and use tax for the years 2006 to 2008. As a result of the Department's audit, the Department issued proposed assessments of sales and use tax and interest. The Department waived any penalties. Taxpayer protested only the interest.
The Department sent a letter to Taxpayer stating that Taxpayer could request a hearing by replying to the letter within twenty (20) days of the date of the letter. Taxpayer did not reply to the Department's letter. Due to Taxpayer's failure to reply, this Letter of Findings is written based on the information in Taxpayer's protest file and other Department records relating to Taxpayer.
I. Tax Administration–Interest.
DISCUSSION
Taxpayer protests the imposition of interest with respect to its late payment of tax. For taxes unpaid by the due date for payment, IC § 6-8.1-10-1(b) provides for the imposition of interest. IC § 6-8.1-10-1(e), provides that the Department cannot waive interest.
FINDING
Taxpayer's protest is denied.
Posted: 09/01/2010 by Legislative Services Agency
DIN: 20100901-IR-045100527NRA
Composed: May 02,2024 7:06:00AM EDT
A
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