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. § 3018)
-
§ 3018. Neglect or refusal to file a report; estimate of tax by Commissioner; penalty and
interest
If any person neglects or refuses to file any report required by this chapter, the
Commissioner shall make an estimate of the tax due, based upon information available
to the Commissioner, for the period for which that person failed to make the report
and shall assess the tax due from the licensee, adding to the amount thus determined
a penalty of 50 percent. In estimating the tax due from a licensed user, fuel consumption
shall be computed at the rate of 10 miles per gallon for vehicles registered up to
10,000 pounds and four miles per gallon for those vehicles registered over 10,000
pounds. The assessment shall bear interest at the rate of one and one-half percent
per month from the date the tax payment was due until paid. The Commissioner shall
give the licensee notice by mail of the assessment and payment shall be due within
15 days after the date of the mailing of the notice. (Added 1981, No. 172 (Adj. Sess.), § 1; amended 1985, No. 58, § 4, eff. May 16, 1985; 1987, No. 111, § 4; 1987, No. 241 (Adj. Sess.), § 8; 2023, No. 85 (Adj. Sess.), § 311, eff. July 1, 2024.)