15-70-418. Fraudulent returns -- penalty.
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/mt/title-15/chapter-70/part-4/15-70-418·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15-70-418 . Fraudulent returns -- penalty. If a distributor files a false or fraudulent return with intent to evade the tax imposed by this part, there is added to the amount of deficiency determined by the department of transportation a penalty equal to 25% of the deficiency, together with interest at the rate of 1% a month, prorated daily, on the deficiency from the date the tax was due to the date of payment, in addition to all other penalties prescribed by law.