93-1414
Corporation
Franchise
Signed 12/2/93
BEFORE THE UTAH STATE TAX
COMMISSION
____________________________________
In Re: )
: INFORMAL DECISION
XXXXX )
: 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.
FINDINGS
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
Chairman Commissioner
Joe B. Pacheco Alice Shearer
Commissioner Commissioner
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).
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