NAC360.397. Request for waiver or reduction of penalty or interest: Generally.

     1. Except as otherwise provided in NAC 360.398, a taxpayer or the taxpayer’s agent may request the waiver or reduction of the penalty or interest, or both, by submitting to the Department a written statement signed under oath by the taxpayer or the taxpayer’s agent which sets forth the facts and circumstances surrounding the failure of the taxpayer to make the payment in a timely manner.

     2. The Department shall not consider a request made pursuant to subsection 1 until the taxpayer has paid in full the tax or fee upon which the interest or penalty is assessed.

     (Added to NAC by Tax Comm’n by R018-05, eff. 10-31-2005; A by R206-07, 4-17-2008)