SECTION 710:1-5-113. Pending business closure notice

(a)   Applicability. When a taxpayer deemed noncompliant fails to report or pay tax for a third month within a twenty-four-month period, a Pending Business Closure Notice will be issued.

(b)   Contents of pending business closure notice. The notice will outline the outstanding reports and tax payments and will advise the noncompliant taxpayer that the business will be closed unless taxpayer within five (5) business days from the delivery or attempted delivery of the notice exercises one of the following options:

(1)   Provides proof to the satisfaction of the Tax Commission that the delinquent tax reports and/or tax payments have been previously filed and/or paid.

(2)   Files all outstanding tax reports and remits the delinquent tax including any accrued interest, penalty and fees.

(3)   Pursuant to the terms outlined in Section 710:1-5-115, enters into an installment payment agreement approved by the Tax Commission to satisfy the delinquent tax, interest, penalty and fees due.

(4)   Objects to the business closure by filing a written protest and request for an administrative hearing, pursuant to the terms outlined in Section 710:1-5-117.

(c)   Notice requirements. Pending Business Closure Notices will be sent certified by the U.S. postal service to the taxpayer's last-known address or hand delivered to the taxpayer's business address.

[Source: Added at 30 Ok Reg 103, eff 11-1-12 (emergency); Added at 30 Ok Reg 1850, eff 7-11-13; Amended at 35 Ok Reg 2033, eff 9-14-18]