BEFORE THE STATE TAX
COMMISSION OF UTAH
_____________________________________
XXXXX
Petitioners, :
v. : INFORMAL DECISION
COLLECTION
DIVISION OF THE : Appeal Nos. 87-1924 to 1927
STATE TAX
COMMISSION OF UTAH, )
Respondent. :
_____________________________________
STATEMENT OF CASE
These
matter came before the Utah State Tax Commission for an Informal Hearing on
XXXXX. James E. Harward, Hearing
Officer, heard the matter for and on behalf of the Tax Commission. XXXXX appeared representing the various
Petitioners.
For
the income tax year XXXXX the Petitioners were under the impression at the time
of the filing that a business loss would be incurred and no income would be
generated; therefore, there was no need for filing the returns. However, the limited partnership from which
all of the Petitioners' income was generated requested an extension and
ultimately filed a return which attributed income to the Petitioners.
This
required the Petitioners thereby to file their return late. Petitioners request
a waiver of the penalty because they relied upon a competent tax counsel and
therefore, they have reasonable cause for their failure to timely and properly
file their returns.
DECISION AND ORDER
Based
upon the foregoing it is the Decision and Order of the Utah State Tax
Commission that the Petitioner request is hereby denied.
DATED
this 2 day of February, 1988.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.