Nebraska Administrative Code
Topic - REVENUE, DEPARTMENT OF
Title 316 - NEBRASKA DEPARTMENT OF REVENUE
Chapter 36 - NEBRASKA DEPARTMENT OF REVENUE RULES FOR THE COLLECTION OF DELINQUENT TAXES
Section 316-36-017 - OFFERS IN COMPROMISE
Universal Citation: 316 NE Admin Rules and Regs ch 36 ยง 017
Current through March 20, 2024
017.01 The Department may consider settling a delinquent tax account by means of an offer in compromise for less than the full amount of the liability, if the taxpayer is not disputing the tax, interest, penalties, and costs involved and is not currently in a bankruptcy proceeding. Each offer in compromise for settlement will be considered on its own merits.
017.01A
An offer in compromise may be considered in situations where:
017.01A(1) An offer in compromise will
resolve the liability, close the account, avoid additional time and expense in
collection, or in situations where collection of the account cannot be
accomplished by normal collection efforts; or
017.01A(2) The taxpayer does not have, and
will not have in the foreseeable future, income, assets, or other means to pay
the delinquency.
017.01B
Circumstances where an offer in compromise could be considered include, but are
not limited to: older unresolved accounts; corporate officer assessments;
hardship cases; retired or limited income taxpayers; nonresident taxpayers; and
over-assessed or canceled businesses.
Neb. Rev. Stat. §§ 77-2792(3) and 77-3907(2). July 3, 2013.
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