Texas Tax Code - Section 162.401. Failure To Pay Tax Or File Report
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Texas Laws > Tax Code > Texas Tax Code - Section 162.401. Failure To Pay Tax Or File Report
§ 162.401. FAILURE TO PAY TAX OR FILE REPORT. (a) If a
person having a license, or a person required to have a license,
fails to file a report as required by this chapter or fails to pay a
tax imposed by this chapter when due, the person forfeits five
percent of the amount due as a penalty, and if the person fails to
file the report or pay the tax within 30 days after the day on which
the tax or report is due, the person forfeits an additional five
percent.
(b) The comptroller may add a penalty of 75 percent of the
amount of taxes, penalties, and interest due if failure to file the
report or pay the tax when it becomes due is attributable to fraud
or an intent to evade the application of this chapter or a rule
adopted under this chapter or Chapter 111.
Added by Acts 2003, 78th Leg., ch. 199, § 1, eff. Jan. 1, 2004.
Section: 162.305 162.306 162.307 162.308 162.309 162.310 162.311 162.401 162.402 162.403 162.404 162.405 162.406 162.407 162.408
Last modified: August 11, 2007
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