14-406. DATE PAYMENT DUE — DATE DEEMED RECEIVED — INTEREST. (1) Any tax due under this chapter shall be paid by the personal representative to the commission on or before the date the return for the taxes is required to be filed under section 14-405, Idaho Code.
(2) For the purposes of this chapter, a return or payment delivered to the commission by United States mail shall be considered to have been received by the commission on the date of the United States postmark stamped on the cover in which the payment or the request for release of nonliability is mailed, if the postmark date is within the time allowed for filing the return or making the payment, including any extensions.
(3) The commission, for good cause shown, may extend the time for payment of the tax due under this chapter beyond the date of payment provided for in subsection (1) of this section, but no extension for payment of this tax may be granted in excess of fourteen (14) years from the date the tax was due.
(4) Any tax due under this chapter which is not paid by the time prescribed for the filing of the return as provided in section 14-405, Idaho Code, not including any extensions in respect to the filing of the return or the payment of the tax, shall bear interest at the rate provided for in section 63-3045, Idaho Code, from the date any tax is due until paid.
History:
[14-406, added 1988, ch. 300, sec. 2, p. 952.]
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.