98-0143

Corporate Franchise

Signed 7/13/98

 

BEFORE THE UTAH STATE TAX COMMISSION

____________________________________

PETITIONER, :

:

Petitioner, : DECISION

:

v. :

:

COLLECTION DIVISION OF THE : Appeal No. 98-0143

UTAH STATE TAX COMMISSION, :

STATE OF UTAH, : Account No. #####

:

Respondent. : Tax Type: Corporate Franchise

_____________________________________

STATEMENT OF CASE

This matter came before the Utah State Tax Commission for an Initial Hearing pursuant to the provisions of Utah Code Ann. §59-1-502.5 on April 28, 1998. G. Blaine Davis, Administrative Law Judge, heard the matter for and on behalf of the Commission. Present on the telephone and representing Petitioner was NAME. Present and representing Respondent were Ms. Laurie Allred and Ms. Vickie Christoffersen, from the Collection Division.

Based upon the evidence in the file and presented at the hearing, the Commission makes its:

FINDINGS

An extension penalty was imposed on Petitioner's 1996 corporation franchise tax return for failing to prepay a sufficient amount of the taxes at the time they extended their return. Petitioner's representative stated that at the time the extension was requested, they believed there would be no tax due. However, that was based on all of the data having not been supplied to the CPA at the time the estimate was made for the preparation of the extension of the return. When the return was actually filed, after all of the data and information was provided, it was determined there was a taxable income and they should have prepaid the corporation franchise tax. Petitioner has argued that the records were unobtainable, but further examination indicates the records were simply not provided even though they were certainly available to the client.

Petitioner had a similar penalty imposed for 1993 and 1995, and now again for 1996, so three out of the last four filing periods have had a similar penalty imposed.

APPLICABLE LAW

The Tax Commission is granted the authority to waive, reduce, or compromise penalties and interest upon a showing of reasonable cause. (Utah Code Ann. §59-1-401(10).)

DECISION AND ORDER

The Tax Commission finds sufficient cause does not exist to waive the penalty associated with the 1996 corporation franchise tax return. It is so ordered.

This Decision does not limit a party's right to a Formal Hearing. Any party to this case may file a written request within thirty (30) days of the date of this decision to proceed to a Formal Hearing. Such a request shall be mailed to the address listed below and must include the Petitioner's name, address, and appeal number:

Utah State Tax Commission

Appeals Division

210 North 1950 West

Salt Lake City, UT 84134

Failure to request a Formal Hearing will preclude any further appeal rights in this matter.

DATED this 13 day of July, 1998.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

G. BLAINE DAVIS

Administrative Law Judge

The agency has reviewed this case and the undersigned concur in this decision.

DATED this 13 day of July, 1998.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

W. Val Oveson Richard B. McKeown

Chairman Commissioner

Joe B. Pacheco Pam Hendrickson

Commissioner Commissioner

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