Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
320.0000 INTEREST AND PENALTIES—Regulation 1703
320.0080 Failure to File Return. When a person becomes a retailer under section 6019 upon making a third sale within a 12-month period, the 10% penalty under section 6511 does not apply to the tax which then accrues on the two preceding unreported sales made in prior quarters, provided the tax on all three sales is timely reported after the third sale. 4/13/59.