(1) In any suit involving the assessment or collection of any tax, the court shall
assess all costs.
(2) If the court finds that the amount of tax owed by the taxpayer is greater than
the amount the taxpayer has in good faith admitted and paid, it shall enter judgment
against the taxpayer for the deficiency and for interest on the deficiency at the
rate of 12 percent per year from the date the tax became delinquent. If it finds that the amount of tax which the taxpayer has admitted to be owing is
grossly disproportionate to the amount of tax found to be due and that the taxpayer's
admission was not made in good faith, the court shall also assess a penalty at the
rate of 10 percent of the deficiency per year from the date the tax became delinquent.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.