32 V.S.A. § 8921 — Assessments

If a rental company neglects or refuses to file any report required by this chapter,
the Commissioner shall make an estimate of the tax due, based upon information available
to the Commissioner, for the period for which the rental company failed to make the
report, and shall assess the tax due from the rental company, adding to the amount
thus determined a penalty of 50 percent of the tax due. The assessment shall bear
interest at the rate of one and one-half percent per month from the date the tax payment
was due until paid. The Commissioner shall give the rental company notice by mail
of the assessment, and payment shall be due within 15 days of the date of the mailing
of the notice. (