67-1-708 - Waiver of enforcement and collection. - Tennessee Statutes

67-1-708. Waiver of enforcement and collection.

The commissioner may waive enforcement and collection of any tax imposed under any revenue laws administered by the commissioner, in any case of deficiency, if:

     (1)  The amount of such deficiency is the lesser of ten dollars ($10.00) or ten percent (10%) of the total tax due;

     (2)  The commissioner determines that the cost to the department to collect such deficiency would be equal to or greater than the tax collected; and

     (3)  The commissioner determines that the deficiency does not result from fraud or an intention to avoid payment.

[Acts 1985, ch. 297, § 1.]