BEFORE THE UTAH STATE TAX COMMISSION
In Re: )
: INFORMAL DECISION
: Appeal No. 93-1414
: Account No. XXXXX
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. As provided for by Utah Code Ann. '63-46b-5, this decision is based upon information contained in the Tax Commission's file.
Petitioner is requesting a reduction of the interest amount assessed on its XXXXX corporate franchise tax account, contending that the interest is not properly calculated.
According to Tax Commission records, Petitioner owed $$$$$ in taxes on XXXXX for the year XXXXX. After a $$$$$ credit was applied, Petitioner owed an additional $$$$$ on XXXXX.
On XXXXX, Petitioner paid $$$$$ toward the balance. At this time, $$$$$ in interest was also owing for the period XXXXX. This left Petitioner with a balance of $$$$$.
Petitioner's XXXXX payment of $$$$$ was properly credited and interest of $$$$$ added.
To date, Petitioner owes $$$$$ on its account for the period in question.
Petitioner's letter of XXXXX is in error as the "amount not paid timely" is not $$$$$; rather, the true amount is $$$$$.
DECISION AND ORDER
The Tax Commission finds sufficient cause does not exist to reduce the interest associated with the corporate franchise tax due on the year XXXXX. It is so ordered.
DATED this 2nd day of December, 1993.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
W. Val Oveson Roger O. Tew
Joe B. Pacheco Alice Shearer
NOTICE: You have twenty (20) days after the date of the final order to file a request for reconsideration or thirty (30) days after the date of the final order to file in District Court a petition for judicial review. Utah State Tax Commission Administrative Rule R861-5A-1(p) and Utah Code Ann. '63-46b-14(3)(a).