Indiana DOR Denies Multinational Conglomerate Abatement of Income Tax Penalties, Interest

The Indiana Department of Revenue (DOR) denied a taxpayer’s protest of penalties and interest for failing to pay estimated taxes, and for not timely filing and paying taxes for 2023. The taxpayer, a multinational conglomerate, argued that it had processes in place to ensure timely payments. However, the Department noted the taxpayer had a history of failing to make required estimated payments in prior years and was thus put on notice. The taxpayer had been granted the same penalty abatement for 2022, but had not changed its practice. Finally, the Department was not able to waive interest since none of ...