Delinquent penalty definition

Delinquent penalty means any specific penalty imposed as a result
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Delinquent penalty means the amount assessed when a Violation is deemed to be delinquent in accordance with the procedures adopted in Section 8.
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Delinquent penalty means any specific penalty imposed as a result of the failure of the taxpayer to timely make any required return or payment. (5) "Look-back period" means a period for which a qualified applicant agrees to disclose and pay the tax and interest due. The look-back period shall include the current calendar year up to the date of registration with the Louisiana Department of Revenue and Louisiana Workforce Commission and the one immediately preceding calendar year. For discontinued, acquired, or merged entities, the look-back period shall include undisclosed liabilities in the last calendar year in which the qualified applicant had nexus within this state
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Examples of Delinquent penalty in a sentence

  • The interest is computed as follows:January 30 to February 28, 2004$3,560 tax at 0.33% per month$11.75March 1 to March 30,2004$3,560 tax at 0.33% per month$11.75March 31 to April 30,2004$3,560 tax at 0.33% per month$11.75May 1 to May 10, 2004$3,560 tax at 0.33% per month$11.75Total interest due with May 10, 2004 payment$47.00(4) Delinquent penalty.

  • Delinquent penalty is 5 percent of tax liability for each 30 days or fraction thereof, not to exceed 25 percent.

  • Delinquent penalty of 5% may be charged, if at least 90% of your total tax liability has not been paid by the original due date.

  • Delinquent penalty – For failure to file a return on time, a penalty of 5% of the tax not paid on time accrues if the delay in filing is not more than 30 days, with an additional 5% for each additional 30 days or fraction thereof during which the failure to file continues, not to exceed 25%.

  • Delinquent penalty may not exceed 25 percent of the business tax for the delinquent establishment.

  • Examples: Tax due on omitted property $100 Delinquent penalty for 1 month $10 Omitted property penalty (.30) $30 Tax & penalty due $140 2.

  • Delinquent (penalty) interest shall be applied to the account if the annual installment payment is not received in full within the year.

  • Delinquent penalty is 5 percent of tax liability for each 30 days or fraction thereof not to exceed 25 percent.

  • The interest is computed as follows: January 30 to February28, 2004$3,560 tax at 0.33%per month $11.75March 1 to March 30,2004$3,560 tax at 0.33%per month $11.75March 31 to April 30,2004$3,560 tax at 0.33%per month $11.75May 1 to May 10, 2004$3,560 tax at 0.33%per month $11.75 Total interest due with May 10, 2004 payment$47.00(4) Delinquent penalty.

  • Delinquent penalty – For failure to file a return on time, a penalty of 5% of the tax not paid on time accrues if the delay in filing is not more than 30 days, with an addition- al 5% for each additional 30 days or fraction thereof dur- ing which the failure to file continues, not to exceed 25%.


More Definitions of Delinquent penalty

Delinquent penalty means any penalty issued for a violation of this ordinance, which remains uncollected thirty days after issuance.
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Delinquent penalty means any specific penalty imposed as a result of the failure of the taxpayer to timely make any required return or payment.
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Related to Delinquent penalty

  • Delinquent child means a child who has committed a delinquent act or an adult who has committed

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Delinquent A Mortgage Loan is "delinquent" if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is "30 days delinquent" if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and so on.

  • Delinquency proceeding means a proceeding instituted against an insurer for the purpose of liquidating, rehabilitating, reorganizing or conserving the insurer, and a summary proceeding under section 507C.9 or 507C.10. “Formal delinquency proceeding” means any liquidation or rehabilitation proceeding.