BEFORE THE UTAH STATE TAX
COMMISSION
_____________________________________
XXXXX
: STIPULATION
AND ORDER
Petitioner, :
:
v. :
:
AUDITING
DIVISION, UTAH STATE : Appeal No. 88-1880
TAX COMMISSION, :
: Audit
Period: XXXXX
Respondent. :
_____________________________________
STIPULATION
Petitioner
(hereafter "XXXXX") and Respondent (hereafter "Auditing
Division") stipulate as follows:
1.
The Auditing Divisions audit of XXXXX corporate franchise tax returns for
calendar years XXXXX, XXXXX, and XXXXX resulted in the issuance of a Statutory
Notice of Deficiency dated XXXXX for additional tax of $$$$$ and interest of
$$$$$.
2.
XXXXX appealed the deficiency by filing a Request for Agency Action on or about
XXXXX.
3.
XXXXX has now tendered the amount of $$$$$ to the Auditing Division as full
settlement of XXXXX corporate franchise tax liability for calendar years XXXXX,
XXXXX, and XXXXX subject to acceptance by the Utah State Tax Commission
(hereafter "Commission").
This represents the full amount of tax assessed by the audit, but does
not include interest.
4.
The Auditing Division agrees to waive the interest portion of the assessment
and recommends acceptance of XXXXX settlement offer.
5.
The parties understand that this stipulation is subject to approval by the
Commission. In the event the Commission
fails to approve the stipulation, it shall be without effect and shall not be
admissible in evidence against XXXXX or the Auditing Division.
DATED: XXXXX
XXXXX
Assistant Attorney
General
Attorney for Auditing
Division
DATED: XXXXX
XXXXX
Vice President
XXXXX
ORDER
The
Tax Commission hereby approves the settlement terms contained in the foregoing
Stipulation. The Auditing Divisionls claim regarding the corporate franchise
tax deficiency of XXXXX for calendar years XXXXX, XXXXX, and XXXXX is satisfied
by the receipt of $$$$$ from the Petitioner. Appeal No. 88-1804 is hereby
dismissed.
DATED
this 22 day of March, 1989.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
R. H. Hansen JOE
B. PACHECO
Chairman Commissioner
Roger O. Tew G.
BLAINE DAVIS
Commissioner Commissioner
^^