The New York State Department of Taxation & Finance has issued guidance clarifying penalty and interest relief for late payment of sales tax due on March 20. Certain taxpayers are not eligible for relief, including the following:
- Sales Tax Vendors who are required to file returns on a monthly basis, and
- Participants in the Promptax program for sales and use tax or prepaid sales tax on fuel.
Additionally, relief is not automatic and will be granted on a case by case basis. The Governor issued an executive order expanding the Tax Commissioner’s authority to abate late filing and payment penalties to also allow the Commissioner to abate interest on quarterly sales and use tax filings and remittances with a due date of March 20, 2020 for those who were unable to timely file and pay as result of the COVID-19 virus, such as: