20100901-IR-045100527NRA Letter of Findings Number: 09-1029P Sales and Use Tax – Interest For the Periods 2007-2008

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 It shall remain in effect until the date it is superseded or deleted by the publication of a new document in the Indiana Register.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: Nov 01,2016 12:59:16AM EDT

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