Delaware § 1912 Penalties — Late filing; failure to file returns; false and fraudulent return; failure to maintain records

Delaware Statutes

§ 1912 — Penalties — Late filing; failure to file returns; false and fraudulent return; failure to maintain records

Delaware·Title 30·Part Income, Inheritance and Estate Taxes·Ch. 19 CORPORATION INCOME TAX

(a)Any person who wilfully fails, neglects or refuses to make a return or to pay the tax as prescribed in this chapter or who shall refuse to permit the Secretary of Finance to examine the books, papers and records of any corporation liable to pay tax under this chapter shall be fined not more than $3,000, or imprisoned not more than 6 months, or both. Such penalty shall be in addition to any other penalties imposed by this chapter.

(b)Any person who wilfully makes a false and fraudulent return of net income, made taxable by this chapter, shall be fined not more than $3,000, or imprisoned not more than 6 months, or both. Such penalty shall be in addition to any other penalties imposed by this chapter.

(c)Any corporation which fails to maintain and keep, for a period of 3 years after a

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(a) Any person who wilfully fails, neglects or refuses to make a return or to pay the tax as prescribed in this chapter or who shall refuse to permit the Secretary of Finance to examine the books, papers and records of any corporation liable to pay tax under this chapter shall be fined not more than $3,000, or imprisoned not more than 6 months, or both. Such penalty shall be in addition to any other penalties imposed by this chapter.

(b) Any person who wilfully makes a false and fraudulent return of net income, made taxable by this chapter, shall be fined not more than $3,000, or imprisoned not more than 6 months, or both. Such penalty shall be in addition to any other penalties imposed by this chapter.

(c) Any corporation which fails to maintain and keep, for a period of 3 years after any return is filed under this chapter, such record or records of its business within this State for the period covered by such return, as may be required by the Secretary of Finance, shall be fined $3,000. Such penalty shall be in addition to any other penalties imposed by this chapter.

(d) [Deleted.]

(e) The Superior Court shall have exclusive jurisdiction over all offenses under this chapter.

(f) [Deleted.]

Delaware § 1912 (Penalties — Late filing; failure to file returns; false and fraudulent return; failure to maintain records) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

30 Del. C. 1953, § 1913; 51 Del. Laws, c. 298 ; 51 Del. Laws, c. 315, § 11 ; 57 Del. Laws, c. 66 ; 57 Del. Laws, c. 741, § 8B ; 59 Del. Laws, c. 113, § 5 ; 61 Del. Laws, c. 425, §§ 1-4 ; 63 Del. Laws, c. 293, §§ 3, 4 ; 67 Del. Laws, c. 40, § 15 ; 68 Del. Laws, c. 187, § 12