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Terms Used In Vermont Statutes Title 32 Sec. 7472

  • Commissioner: means the Commissioner of Taxes appointed under 3 V. See
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

§ 7472. Abatement of tax liabilities

The Commissioner may, upon making a record of his or her reasons therefor, waive, reduce, or compromise any of the taxes, penalties, or interest or other amounts provided in this chapter. (Added 1969, No. 269 (Adj. Sess.), § 1, eff. date, see note under § 7401 of this title.)