93-1418

Corporation Franchise

Signed 9/9/93

BEFORE THE UTAH STATE TAX COMMISSION

____________________________________

In Re: )

: INFORMAL DECISION

XXXXX, )

: Appeal No. 93-1418

)

: 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

The accountant for the Petitioner filed for an extension of the XXXXX corporate franchise tax return of the Petitioner on XXXXX. Because the principals of the corporation were out of town, a check was not submitted with the return.

The return was filed, and the minimum tax of $$$$$ was paid on XXXXX. As a result of the untimely filing and payment, a penalty in the amount of $$$$$ plus interest was assessed.

DECISION AND ORDER

The Tax Commission finds sufficient cause exists to reduce the penalty associated with the XXXXX corporate franchise tax return to $$$$$. It is so ordered.

DATED this 9th day of September, 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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