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re: Louisiana Sales Tax - Special Events - Paging Poodlebrain; LSUFanHouston
Posted on 4/10/16 at 12:22 pm to LSUFanHouston
Posted on 4/10/16 at 12:22 pm to LSUFanHouston
I saw that on the LDR as well. Typical bulletin that very vague. I agree, the $500 penalty is just something out of thin air. I've seen no law that substantiates it
Posted on 4/10/16 at 5:36 pm to Jabstep
quote:The $500 isn't a penalty. It is the LDR's "estimate" of how much tax someone should owe, so it is a proposed assessment of tax. It is like the $100 estimate of franchise tax the LDR assesses when it doesn't receive a franchise tax return from entities who are exempt from the franchise tax. You have to prove to them that you don't owe the tax, or that you owe less.
I agree, the $500 penalty is just something out of thin air. I've seen no law that substantiates it
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