§ 44-15-7 Pecuniary penalty for failure to
file report. –
In case of any failure to file a return within the time prescribed by law,
there shall be added to the tax five percent (5%) if the failure is for not
more than thirty (30) days with an additional five percent (5%) for each
additional thirty (30) days or fraction of the day during which the failure
continues, not exceeding twenty-five percent (25%) in the aggregate, except
that when a return is filed after the time prescribed by law and it is shown
that the failure to file the return at the prescribed time was due to
reasonable cause and not due to willfull neglect, no addition to the tax shall
be made.
(G.L. 1956, §§ 44-15-5-B, 44-15-7; P.L. 1960, ch. 59, § 1; P.L.
1968, ch. 263, art. 13, § 1.)