Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2016
Sales and Use Tax Annotations
170.0000 COLLECTION OF TAX BY BOARD
(a) IN GENERAL
170.0006.100 Corporation Chapter 7 No-Asset Bankruptcy. A corporation filed Chapter 11 bankruptcy that was converted to a no-asset Chapter 7 bankruptcy case. 11 U.S.C. section 727(a) provides that the bankruptcy court shall grant the debtor a discharge unless the debtor is not an individual. A corporation cannot discharge its sales tax liability in a Chapter 7 no-asset case. The Board should proceed with normal collection and petition procedures after the automatic stay is lifted. 8/18/97. (M98–3).