91-1293 - Fiduciaries

 

BEFORE THE UTAH STATE TAX COMMISSION

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In Re: : INFORMAL DECISION

XXXXX ) Appeal No. 91-1293

: Account No. XXXXX

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STATEMENT OF CASE

This matter came before the Utah State Tax Commission pursuant to the Administrative Procedures Act and the rules of the Utah State Tax Commission for informal proceedings. No hearing was requested, therefore, this decision is based upon information contained in the Tax Commission's file.

FINDINGS

Petitioner was required to pay taxes in the amount of $$$$$ on a trust for the year XXXXX. Petitioner did not file its fiduciary return or pay the taxes owing until XXXXX nearly XXXXX months late. A $$$$$ penalty plus interest was assessed for failure to file the return and make payment in a timely manner.

The trustee was also late in filing a return and tax payment on another trust for the same year. This was not Petitioner's first year of filing fiduciary returns.

DECISION AND ORDER

The Tax Commission finds sufficient cause does not exist to waive the penalty associated with the fiduciary return and tax payment due for the year XXXXX. It is so ordered.

DATED this 30 day of September, 1991.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

ABSENT

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco S. Blaine Willes

Commissioner Commissioner