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May 29, 2001MEMORANDUM TO:Anthony C. Rossi, Acting Director R/A Division of Accounting and Finance Office of the Chief Financial OfficerFROM:Diane B. Dandies, Chief R/A License Fee and Accounts Receivable

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Individuals or businesses who have been assessed interest penalties by a government agency or other entity may need a waiver of interest penalties.

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What is waiver of interest penalties?

The waiver of interest penalties is a request to have the interest charges on late payments forgiven.

Who is required to file waiver of interest penalties?

Taxpayers who have been charged interest on late payments are required to file for a waiver of interest penalties if they believe they have a valid reason.

How to fill out waiver of interest penalties?

To fill out a waiver of interest penalties, taxpayers must provide detailed information on the reason for the late payment and any supporting documents.

What is the purpose of waiver of interest penalties?

The purpose of waiver of interest penalties is to provide relief to taxpayers who have a valid reason for late payments and to encourage compliance with tax laws.

What information must be reported on waiver of interest penalties?

Taxpayers must report their details, the reason for the late payment, and any supporting documents when filing for a waiver of interest penalties.

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