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I am liable for City Business Tax for the past several years. What kind of interest and penalties are involved?

April 26, 2017Business city involved liable past several years penalties tax

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I am liable for City Business Tax for the past several years. What kind of interest and penalties are involved?

1 Answer

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The City collects back taxes owed from the start of business. Per the SDMC §31.0110, the City may seek principal, interest, and penalties for the current tax year and the prior three years if applicable.