Sec. 7. Notwithstanding the various penalty provisions of this chapter, the maximum total penalty that may be assessed against a person under sections 2.1 through 5 of this chapter is one hundred percent (100%) of the unpaid tax and the minimum penalty, if any, that may be assessed under those sections is five dollars ($5).
As added by Acts 1980, P.L.61, SEC.1. Amended by P.L.383-1987(ss), SEC.2; P.L.1-1991, SEC.72; P.L.71-1993, SEC.27.
Structure Indiana Code
Article 8.1. Department of State Revenue; Tax Administration
Chapter 10. Penalties and Interest
6-8.1-10-1. Liability for Interest
6-8.1-10-2.1. Liability for Penalty
6-8.1-10-2.1-b. Liability for Penalty
6-8.1-10-3. Failure to File Return; Preparation by Department; Penalty
6-8.1-10-3.5. Failure to File Return; Penalty for Past Due Returns
6-8.1-10-4. Failure to File Return; Fraudulent Intent to Evade Tax; Penalty
6-8.1-10-5. Faulty Payment; Penalty; Required Use of Guaranteed Funds
6-8.1-10-6. Failure to File Information Return; Penalty
6-8.1-10-7. Maximum and Minimum Penalties
6-8.1-10-9. Dissolution, Liquidation, or Withdrawal of Corporation; Notification; Clearance
6-8.1-10-12. Additional Penalty; Failure to Participate in Amnesty Program