59-11-107 - Delinquencies -- Interest -- Penalty.
59-11-107. Delinquencies -- Interest -- Penalty.
(1) Any tax due under this chapter which is not paid by the time prescribed for the filingof the return as provided under Subsection 59-11-105(1), not including any extensions in respectto the filing of the return or the payment of the tax, shall bear interest at the rate and in themanner prescribed in Section 59-1-402.
(2) If the return provided for in Section 59-11-105 is not filed within the specified timeperiods, the personal representative shall pay, in addition to the interest provided in Subsection(1), a penalty as provided in Section 59-1-401 in respect to the transfer for each month beyondthe time periods that the return has not been filed.
(1) Any tax due under this chapter which is not paid by the time prescribed for the filingof the return as provided under Subsection 59-11-105(1), not including any extensions in respectto the filing of the return or the payment of the tax, shall bear interest at the rate and in themanner prescribed in Section 59-1-402.
(2) If the return provided for in Section 59-11-105 is not filed within the specified timeperiods, the personal representative shall pay, in addition to the interest provided in Subsection(1), a penalty as provided in Section 59-1-401 in respect to the transfer for each month beyondthe time periods that the return has not been filed.
Amended by Chapter 1, 1993 Special Session 2