Rhode Island Statutes

§ 44-15-7 — § 44-15-7. Pecuniary penalty for failure to file report.

Rhode Island·Title 44 Taxation·Ch. 44-15 Tax on Bank Deposits Generally

§ 44-15-7. Pecuniary penalty for failure to file report.

In case of any failure to file a return within the time prescribed by law, there shall be added to the tax five percent (5%) if the failure is for not more than thirty (30) days with an additional five percent (5%) for each additional thirty (30) days or fraction of the day during which the failure continues, not exceeding twenty-five percent (25%) in the aggregate, except that when a return is filed after the time prescribed by law and it is shown that the failure to file the return at the prescribed time was due to reasonable cause and not due to willfull neglect, no addition to the

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Rhode Island § 44-15-7 (§ 44-15-7. Pecuniary penalty for failure to file report.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

G.L. 1956, §§ 44-15-5-B, 44-15-7; P.L. 1960, ch. 59, § 1; P.L. 1968, ch. 263, art. 13, § 1.

Nearby Sections

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