§ 44-26-9. Willful failure.
Any officer, director, or employee of any corporation which is required under this chapter to file a declaration of estimated tax, who is willfully responsible for the failure of the corporation to file the declaration or pay any installment of the advance due under this chapter, or both, is liable for the amount of tax lost to the state and to a penalty of not less than five hundred dollars ($500) nor more than ten thousand dollars ($10,000), or be imprisoned not exceeding one year, or both.
History of Section.P.L. 1968, ch. 263, art. 11, § 1; P.L. 1986, ch. 103, § 8.
Structure Rhode Island General Laws
Chapter 44-26 - Declaration of Estimated Tax by Corporations
Section 44-26-1. - Definitions and purpose.
Section 44-26-2.1. - Declaration — Due date — Payment — Interest.
Section 44-26-3, 44-26-4. - Repealed.
Section 44-26-5. - Credit against tax.
Section 44-26-7. - Short taxable years.
Section 44-26-8. - Failure to file.
Section 44-26-9. - Willful failure.