Vermont Statutes
Chapter 151 - Income Taxes
§ 5872. Payment by corporations

§ 5872. Payment by corporations
In the case of corporations, if the income tax liability is, or is expected to be, in excess of $500.00, the income tax liability imposed by this chapter shall be discharged in accordance with subchapter 5A of this chapter; any balance due shall be paid on or before the date on which the return of the corporation for the taxable year is required to be filed (determined with regard to any extension of time for filing). Payments made under extension are subject to interest pursuant to section 5868 of this title. (Added 1966, No. 61 (Sp. Sess.), § 1, eff. Jan. 1, 1966; amended 1971, No. 73, § 19, eff. April 16, 1971; 1975, No. 1 (Sp. Sess.), § 12, eff. Jan. 1, 1976; 1979, No. 105 (Adj. Sess.), § 8; 1989, No. 119, § 7, eff. June 22, 1989.)

Structure Vermont Statutes

Vermont Statutes

Title 32 - Taxation and Finance

Chapter 151 - Income Taxes

§ 5811. Definitions

§ 5812. Income taxation of parties to a civil union

§ 5813. Statutory purposes

§ 5819. Inconsistent provisions

§ 5820. Purpose

§ 5821. Name of tax

§ 5822. Tax on income of individuals, estates, and trusts

§ 5823. Vermont income of individuals, estates, and trusts

§ 5824. Adoption of federal income tax laws

§ 5825. Credit for taxes paid to other states and provinces

§ 5825a. Credit for Vermont Higher Education Investment Plan contributions

§ 5828. Mobile home park sale; capital gain credit

§ 5828b. Earned income tax credit

§ 5828c. Child and dependent care credit

§ 5830a. Interest tax

§ 5830b. Tax credits; Entrepreneurs’ Seed Capital Fund

§ 5830c. Tax credits; charitable investments in housing

§ 5830d. Deferral of income taxation; combat zone duty

§ 5830e. Retirement income; Social Security income

§ 5830f. Vermont child tax credit

§ 5831. Name of tax

§ 5832. Tax on income of corporations

§ 5832a. Digital business entity franchise tax

§ 5833. Allocation and apportionment of income

§ 5834. Computation of gains and losses

§ 5835. Construction of subchapter

§ 5836. Franchise tax on financial institutions

§ 5838. Digital business entity election

§ 5841. Requirement and rate of withholding

§ 5842. Return and payment of withheld taxes

§ 5843. Failure to account; maintenance of trust account

§ 5844. Liability; penalty; trust for the State

§ 5847. Withholding on sales or exchanges of real estate

§ 5851. Definitions

§ 5852. Payment of estimated income tax

§ 5855. Payments as tax liability

§ 5856. Declaration of estimated tax

§ 5857. Filing dates

§ 5858. Payment dates

§ 5859. Assessment date, penalties, interest

§ 5861. Returns by individuals, trusts, and estates

§ 5861a. Returns by partnerships

§ 5862. Returns by corporations

§ 5862a. Nongame Wildlife Account checkoff

§ 5862b. Vermont Children’s Trust Foundation checkoff

§ 5862d. Filing of federal form 1099

§ 5862e. Vermont Veterans’ Fund checkoff

§ 5862f. Vermont Green Up checkoff

§ 5863. Additional returns

§ 5864. Failure to file a return; petition and computation of tax

§ 5866. Supplemental information; changes in federal tax liability or taxable income

§ 5867. Form and verification of returns

§ 5868. Extension of time for filing of returns

§ 5870. Reporting use tax on individual income tax returns

§ 5871. Payments by individuals, trusts, and estates

§ 5872. Payment by corporations

§ 5873. Extension of time for payment

§ 5874. Method of payment

§ 5882. Time limitation on notices of deficiency and assessment of penalty and interest

§ 5883. Determination of deficiency, refund, or assessment

§ 5884. Refunds; petitions for refunds

§ 5885. Procedure for hearings by Commissioner; appeals

§ 5886. Payment and collection of deficiencies and assessments; jeopardy notices

§ 5887. Remedy exclusive; determination final

§ 5888. Determination of taxable income and income tax liability under the laws of the United States

§ 5891. Tax a debt to the State

§ 5892. Action to collect taxes; limitations

§ 5893. Levy for nonpayment

§ 5894. Liability for failure or delinquency

§ 5895. Tax liability as property lien

§ 5901. Consent to use or disclosure of information

§ 5902. Persons preparing returns

§ 5903. Exceptions

§ 5910. Definitions; federal conformity

§ 5911. Taxation of an S corporation and its shareholders

§ 5913. Part-year residence

§ 5914. Returns and mandatory payments

§ 5915. Minimum tax

§ 5916. Tax credits

§ 5920. Returns and mandatory payments

§ 5921. Minimum tax

§ 5922. Financial services development tax credit

§ 5930u. Tax credit for affordable housing

§ 5930aa. Definitions

§ 5930bb. Eligibility and administration

§ 5930cc. Downtown and Village Center Program tax credits

§ 5930dd. Claims; availability

§ 5930ee. Limitations

§ 5930ff. Recapture

§ 5930ii. Research and development tax credit

§ 5930nn. Recently deployed veteran tax credit

§ 5931. Short title

§ 5932. Definitions

§ 5933. Collection of debts through setoff

§ 5934. Procedure for setoff

§ 5935. Joint returns

§ 5936. Hearing procedure

§ 5937. Priorities in claims to setoff

§ 5938. Collection assistance fees

§ 5939. Confidentiality exemption; nondisclosure

§ 5940. Rules and regulations

§ 5941. Procedure for setoff of court judgments

§ 5942. Offset for taxes owed in another state; reciprocity

§ 5951. Definitions; general provisions

§ 5952. Imposition of tax

§ 5953. Exemptions

§ 5954. Filing of return and payment of tax