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M$1.25 February 16, 2009 10:12 PM

Do states that are late with their refunds have to pay a fee to citizens?

http://www.kansas.com/735/story/701750.html

When citizens are late with their taxes, they have to pay a penalty. Why doesn't it work in reverse order?
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February 17, 2009 12:59 PM
How do you define "late"? There is no deadline, guaranteed nor implied, for when state tax agencies have to give you your tax refund. So how can they be "late"?


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ab1 ab1
 
February 16, 2009 10:20 PM
Good question.

I think they should. In the event of an IOU that is given out.There should be an interest fee paid to the citizen.
Source(s):
common sense


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