§ 44-29-3 - Filing of returns – Date due – Interest and penalty.
SECTION 44-29-3
§ 44-29-3 Filing of returns – Datedue – Interest and penalty. – On or before the tenth day of the month next succeeding the month in which anytaxes imposed by this chapter are collected, the seller shall pay the taxes tothe tax administrator and at the same time shall file with him or her a returnin a form the administrator may by regulation prescribe. If any taxes are notpaid to the tax administrator when due, there is added to the taxes, and made apart of the taxes, interest at the annual rate provided by § 44-1-7 fromthe date when the taxes became due until the date of payment; if any return isnot filed when due, there shall be added to the taxes, and made a part of thetaxes, a ten percent (10%) penalty of the amount of taxes due, which penaltyshall be in addition to any interest added.