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§ 7351. Interest

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal Affairs

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971 (Refs & Annos)
Article III. Personal Income Tax (Refs & Annos)
Part X. Procedure and Administration (Refs & Annos)
72 P.S. § 7351
§ 7351. Interest
Currentness
(a) If any amount of tax imposed by Part II of this article1 is not paid on or before the last date prescribed for payment, interest on such amount at the rate established pursuant to section 806 of the act of April 9, 1929 (P.L. 343, No. 176), known as “The Fiscal Code,”2 shall be paid for the period from such last date to the date paid. The last date prescribed for payment shall be determined without regard to any extension of time for filing the return. This section shall not apply to any failure to pay estimated tax.
(b) If any amount of tax required to be withheld by an employer and paid to the department under Part VII of this article3 is not paid by the due date prescribed under section 319,4 interest on the amount at the rate established under section 806 of “The Fiscal Code” shall be paid from that date for the period of underpayment.

Credits

1971, March 4, P.L. 6, No. 2, art. III, § 351, added 1971, Aug. 31, P.L. 362, No. 93, § 4. Amended 1977, Dec. 21, P.L. 330, No. 98, § 2, imd. effective; 1984, June 29, P.L. 445, No. 94, § 1, imd. effective.

Footnotes

1
72 P.S. § 7302 et seq.
2
72 P.S. § 806.
3
72 P.S. § 7316 et seq.
4
72 P.S. § 7319.
72 P.S. § 7351, PA ST 72 P.S. § 7351
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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