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SALES TAX LICENSEES FACE PENALTIES IF THEY DON'T RENEW

 SALES TAX LICENSEES FACE PENALTIES IF THEY DON'T RENEW
 HARRISBURG, Pa., April 24 /PRNewswire/ -- State Revenue Secretary Eileen H. McNulty warned today that retail establishments and other businesses that make taxable sales in Pennsylvania face penalties if they fail to renew their sales tax licenses by April 30.
 "If a licensee doesn't resolve an outstanding tax liability or fails to apply for renewal, their license will be revoked," McNulty said. "All businesses requiring a sales tax license should be aware that making taxable sales without a valid license subjects the business to substantial penalties."
 The sales tax renewal process was established in legislation approved last August.
 The renewal provision allows the Commonwealth to ensure that businesses collecting sales tax are not delinquent in their tax obligations to the state. It also provides the state with a method for keeping sales tax licensees up to date on their tax and reporting responsibilities.
 Following the first round of renewals, licensees will be placed on a staggered schedule for renewal every five years.
 Renewal applications and an explanation of the changes were mailed in December to all sales tax licensees. More than 230,000 licensees have responded. The Department of Revenue has record of 296,000 sales tax licensees who must renew their licenses and undergo a clearance procedure to make sure they are not delinquent in any state taxes.
 McNulty noted that some entities currently licensed may have gone out of business and not notified the department.
 /delval/
 -0- 4/24/92
 /CONTACT: Rod Snyder of the Department of Revenue, 717-787-6960/ CO: Pennsylvania Department of Revenue ST: Pennsylvania IN: REA SU:


MK -- PH019 -- 2383 04/24/92 11:09 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:278
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