Form Fr-900m - Employer'S/payor'S Withholding Tax Booklet - 2012 Page 7
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47Note: Dishonored payments. Make sure your check or electronic payment will
returns without the intent to defraud. One indication of negligence is failure
to keep adequate books and records;
clear. You will be charged a $65 fee if your check or electronic payment is not
honored by your fi nancial institution and returned to OTR.
•
Interest of 10% per year, compounded daily, on a late payment;
•
A one-time fee to cover internal collection efforts on any unpaid balance.
Note: International ACH Transaction (IAT). Electronic banking rules have changed.
The collection fee assessed is 20% of the tax balance due after 90 days.
Payments received by OTR on accounts are fi rst applied to the collection fee,
If you request a refund to be direct deposited into an account outside of the United
States, you will receive a paper check.
then to penalty, interest and tax owed;
•
A civil fraud penalty of 75% of the underpayment which is attributable to
fraud (see DC Offi cial Code §47-4212).
Your payment cannot be drawn on a foreign account. You must pay by money
order or credit card instead.
_________________________________________________________
Criminal penalties
Penalties and interest
You will be penalized under the criminal provisions of the DC Offi cial Code, Title
47 and any other applicable penalties. If you are required to fi le a return or report,
OTR will charge:
or perform any act and you:
•
A penalty of 5% per month if you fail to fi le a return or pay any tax due
•
Fail to fi le the return or report timely. If convicted, you will be fi ned not more
on time. It is computed on the unpaid tax for each month or fraction of a
than $1,000 or imprisoned for not more than 180 days, or both, for each
month, that the return is not fi led or the tax is not paid. It may not exceed
failure or neglect;
an additional amount equal to 25% of the tax due;
•
Willfully fail to fi le the return or report timely. If convicted, you will be fi ned
•
A 20% penalty on the portion of an underpayment of taxes if attributable to
not more than $5,000 or imprisoned for not more than 180 days, or both;
negligence. Negligence is failure to make a reasonable attempt to comply
•
Willfully attempt to evade or defeat a tax; willfully fail to collect, account for,
with the law or to exercise ordinary and reasonable care in preparing tax
or pay a tax or willfully make fraudulent or false statements.
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