Daily Tax Report: State
January 7, 2021, 5:00 a.m.
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The Texas Comptroller of Public Accounts on December 4, 2020 decided to accept the recommendation of the Administrative Law Judge (ALJ) to confirm an excise tax assessment against Taxpayer, a licensee of the International Fuel Tax Agreement. The tax department (employee) checked the taxpayer and issued the tax assessment. The taxpayer applied for redefinition, denied the audit and applied for an insolvency agreement. The staff denied the taxpayer’s requests. At the hearing, the taxpayer withdrew his objections to the audit and only sought an insolvency settlement. The ALJ stated: 1) A bankruptcy petition must specify the basis for eligibility, propose certain terms of settlement and be submitted in a redefinition process …
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