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Vermont Statutes Annotated — Title 32 (Taxation and Finance)

32 V.S.A. § 5894

Liability for failure or delinquency

Official textlegislature.vermont.gov

# (a)

Failure to supply information. An individual, fiduciary, or officer or employee of any corporation or partner or employee of any partnership who, with intent to evade any requirement of this chapter or any lawful requirement of the Commissioner hereunder, fails to supply any information required by or under this chapter shall be fined not more than $1,000.00 or be imprisoned not more than one year, or both.

# (b)

Failure to file. An individual, fiduciary, or officer or employee of any corporation or partner or employee of any partnership who knowingly fails to file a tax return when due shall be imprisoned not more than one year or fined not more than $1,000.00, or both.

# (c)

Failure to pay. An individual, fiduciary, or officer or employee of any corporation or partner or employee of any partnership who, with intent to evade a tax liability, fails to pay a tax when due shall, if the amount of tax evaded is $500.00 or less in a single calendar year, be imprisoned not more than one year or fined not more than $1,000.00, or both.

# (d)

Failure to file or failure to pay; in excess of $500.00. An individual, fiduciary, or officer or employee of a corporation or partner or employee of a partnership who, with intent to evade a tax liability, fails to file a tax return when required to do so or fails to pay a tax when due shall, if the amount of tax evaded is in excess of $500.00 in a single calendar year, be imprisoned not more than three years or fined not more than $10,000.00, or both.

# (e)

False or fraudulent return. An individual, fiduciary, or officer or employee of a corporation or partner or employee of a partnership who knowingly makes, signs, verifies, or files with the Commissioner a false or fraudulent tax return shall be imprisoned not more than one year or fined not more than $1,000.00, or both. An individual, fiduciary, or officer or employee of a corporation or partner or employee of a partnership who, with intent to evade a tax liability, makes, signs, verifies, or files with the Commissioner a false or fraudulent tax return shall, if the amount of tax evaded is more than $500.00, be imprisoned not more than three years or fined not more than $10,000.00, or both.

# (f)

Violations from income derived from illegal activity. An individual, fiduciary, officer, or employee of any corporation or a partner or employee of any partnership who violates subsections (a)-(e) of this section based on income derived from illegal activity shall be imprisoned not more than three years or fined not more than $10,000.00, or not more than $100,000.00 if the violation was based on income derived from the unlawful sale of a regulated drug in violation of 18 V.S.A. chapter 84, or both. The penalty provided in this subsection shall be in addition to any other civil or criminal penalties provided by law. (

Last amended: Added 1966, No. 61 (Sp. Sess.), § 1, eff. Jan. 1, 1966; amended 1987, No. 48, § 9; 2013, No. 76, § 7; 2019, No. 40, § 12.)

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In this chapter (40 sections)
  1. 151-5867 · Form and verification of returns
  2. 151-5868 · Extension of time for filing of returns
  3. 151-5869 · Repealed. 1997, No. 156 (Adj. Sess.), § 37
  4. 151-5870 · Reporting use tax on individual income tax returns
  5. 151-5871 · Payments by individuals, trusts, and estates
  6. 151-5872 · Payment by corporations
  7. 151-5873 · Extension of time for payment
  8. 151-5874 · Method of payment
  9. 151-5875 · Repealed. 1997, No. 156 (Adj. Sess.), § 37
  10. 151-5881 · Repealed. 1997, No. 156 (Adj. Sess.), § 37
  11. 151-5882 · Time limitation on notices of deficiency and assessment of…
  12. 151-5883 · Determination of deficiency, refund, or assessment
  13. 151-5884 · Refunds; petitions for refunds
  14. 151-5885 · Procedure for hearings by Commissioner; appeals
  15. 151-5886 · Payment and collection of deficiencies and assessments;…
  16. 151-5887 · Remedy exclusive; determination final
  17. 151-5888 · Determination of taxable income and income tax liability…
  18. 151-5891 · Tax a debt to the State
  19. 151-5892 · Action to collect taxes; limitations
  20. 151-5893 · Levy for nonpayment
  21. 151-5894 · Liability for failure or delinquency
  22. 151-5895 · Tax liability as property lien
  23. 151-5901 · Consent to use or disclosure of information
  24. 151-5902 · Persons preparing returns
  25. 151-5903 · Exceptions
  26. 151-5910 · Definitions; federal conformity
  27. 151-5911 · Taxation of an S corporation and its shareholders
  28. 151-5912 · Repealed. 2015, No. 134 (Adj. Sess.), § 13, eff. May 25, 2016
  29. 151-5913 · Part-year residence
  30. 151-5914 · Returns and mandatory payments
  31. 151-5915 · Minimum tax
  32. 151-5916 · Tax credits
  33. 151-5920 · Returns and mandatory payments
  34. 151-5921 · Minimum tax
  35. 151-5922 · Financial services development tax credit
  36. 151-5923 · 151-5923
  37. 151-5925 · Repealed. 2015, No. 57, § 98, effective June 11, 2015
  38. 151-5926 · Repealed. 2005, No. 75, § 16, eff. June 23, 2005
  39. 151-5927 · 151-5927
  40. 151-5929 · Repealed. 2005, No. 94 (Adj. Sess.), § 5, eff. March 8, 2006
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