The act allows the commissioner to waive all or some of the penalties for failure to pay admissions or controlling interest transfer taxes, if the taxpayer proves the failure was not intentional or due to neglect. By reference, the change to the admissions tax also applies to the estate tax generation-skipping transfer tax, gift tax, real estate conveyance tax, dry cleaners gross receipts tax, nursing home tax, and car rental and fleet car rental surcharges. Mail Notice . The act extends uniform mail notice provisions to all taxes. It specifies that DRS can provide mail notice by first class mail addressed to the taxpayer at the location in the DRS records.
Service is effected when the letter is deposited in a mailbox or at a post office.
Certified or registered mail is not required. Corporation Business Tax Machinery and Equipment Expenditure Tax Credit . Investment Partnerships and Management Services . It must make this election on or before the tax due date or, if applicable, the extended due date. Extensions and Penalties .