The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 23 V.S.A. § 3017)
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§ 3017. Failure to file a report or pay the tax when due; penalty
(a) Any person who fails to file a report when due shall pay a fee of $10.00 as partial
compensation for the added administrative costs.
(b) In addition to the fee prescribed in subsection (a) of this section, any person who
fails to pay any tax when due, except a tax assessed pursuant to sections 3016 and 3018 of this title, shall pay in addition to the tax interest calculated at one and one-half percent
per month on the tax from the due date, until paid. In addition, if the taxpayer fails
to pay the tax liability in full within 30 days, a penalty equal to five percent of
the outstanding tax liability for each month or portion of a month shall be paid;
provided, however, that in no event shall the amount of the penalty imposed under
this section exceed 25 percent of the tax liability unpaid on the prescribed date
of payment. The Commissioner may remit all or any part of the penalty if the Commissioner
is satisfied that the delay was excusable. (Added 1981, No. 172 (Adj. Sess.), § 1; amended 2023, No. 85 (Adj. Sess.), § 310, eff. July 1, 2024.)