86-0401 - Corporation Franchise

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX, )

:

Petitioner, )

:

v. ) INFORMAL DECISION

:

)

COLLECTION DIVISION OF THE : Appeal No. 86 0401

STATE TAX COMMISSION OF UTAH, ) Acct. No. XXXXX

:

Respondent. )

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STATEMENT OF CASE

This matter came before the Tax Commission on XXXXX. James E. Harward, Hearing Officer, heard the matter for the Tax Commission. XXXXX appeared representing the Petitioner.

For the calendar year XXXXX, and employee embezzled approximately $$$$$ from the Petitioner by altering financial records. This embezzlement created an extremely tight cash flow. In addition, the altered financial records caused substantial problems in completing tax returns. The Petitioner provides care to elderly in six nursing homes in XXXXX County. The primary responsibility is (1) the nursing care and, (2) untangling the financial mess created by the embezzlement.

The employee embezzled the funds by writing checks to himself and depositing the checks, then altering the bank and financial statements to cover up the theft of the money.

DECISION AND ORDER

Based upon the foregoing, it is the Decision and Order of the Utah State Tax Commission that the penalty in this matter be waived.

DATED this 12 day of November, 1986.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco G. Blaine Davis

Commissioner Commissioner