Vermont Statutes Title 23 Sec. 3109
Terms Used In Vermont Statutes Title 23 Sec. 3109
- Commissioner: shall mean in this title only the Commissioner of Motor Vehicles. See
- compensation: means payment in any form except reimbursement for mileage or the normal salary paid to a person otherwise employed by the school. See
- Month: means 30 days and "year" means 365 days. See
- Person: includes any natural person, corporation, association, co-partnership, company, firm, or other aggregation of individuals. See
§ 3109. Failure to file a report or pay the tax when due; penalty
(a) Any person who fails to file a report when due shall pay a fee of $10.00 as partial compensation for the added administrative costs.
(b) In addition to the fee prescribed in subsection (a) of this section, any person who fails to pay any tax when due shall pay in addition to the tax, interest calculated at one and one-half percent per month on the tax from the due date, until paid. In addition, if the taxpayer fails to pay the tax liability in full within 30 days, a penalty equal to five percent of the outstanding tax liability for each month or portion of a month shall be paid; provided, however, that in no event shall the amount of the penalty imposed exceed 25 percent of the tax liability unpaid on the prescribed date of payment. The Commissioner may remit all or any part of the penalty if he or she is satisfied that the delay was excusable. (Added 1985, No. 207 (Adj. Sess.), § 1.)