After that, interest will be charged on the amount of tax outstanding.
If there isn't enough money in the rest of the estate to pay the outstanding tax or other debts, you may need to sell the property.
There exists a world which five years ago lost one male in every ten - and simply for failure to meet outstanding taxes.
Since the business names were posted, officials said, the city has collected $4.1 million in outstanding taxes.
In exchange, they will have to pay the outstanding tax on the undeclared income.
As for collecting outstanding taxes on unreported sales in other states, however, officials have found only frustration.
There will be another 5% penalty for the outstanding tax, six months after the filing deadline.
They are considering waiving more than $480,000 in outstanding taxes.
The developer paid the outstanding taxes on the property and agreed to an assessed value of $52 million for the site.
The proceeds of the sale would first be applied to any outstanding taxes.
