§ 23-63-4.8 - Pecuniary penalties for deficiencies. - Rhode-island Statutes

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SECTION 23-63-4.8

§ 23-63-4.8 Pecuniary penalties fordeficiencies. – If any part of the deficiency for which a deficiency determination is made isdue to negligence or intentional disregard of the provisions of this chapter, apenalty of ten percent (10%) of the amount of the determination shall be addedthereto. If any part of the deficiency for which a deficiency determination ismade is due to fraud or an intent to evade the provisions of this chapter, apenalty of fifty percent (50%) of the amount of the determination shall beadded thereto.

State Codes and Statutes

Statutes > Rhode-island > Title-23 > Chapter-23-63 > 23-63-4-8

SECTION 23-63-4.8

§ 23-63-4.8 Pecuniary penalties fordeficiencies. – If any part of the deficiency for which a deficiency determination is made isdue to negligence or intentional disregard of the provisions of this chapter, apenalty of ten percent (10%) of the amount of the determination shall be addedthereto. If any part of the deficiency for which a deficiency determination ismade is due to fraud or an intent to evade the provisions of this chapter, apenalty of fifty percent (50%) of the amount of the determination shall beadded thereto.

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State Codes and Statutes

Statutes > Rhode-island > Title-23 > Chapter-23-63 > 23-63-4-8

SECTION 23-63-4.8

§ 23-63-4.8 Pecuniary penalties fordeficiencies. – If any part of the deficiency for which a deficiency determination is made isdue to negligence or intentional disregard of the provisions of this chapter, apenalty of ten percent (10%) of the amount of the determination shall be addedthereto. If any part of the deficiency for which a deficiency determination ismade is due to fraud or an intent to evade the provisions of this chapter, apenalty of fifty percent (50%) of the amount of the determination shall beadded thereto.