Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Sales and Use Tax Annotations


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C

170.0000 COLLECTION OF TAX BY BOARD

Annotation 170.0006.100

(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).