ORDERS:
FINAL ORDER
The matter in dispute is an individual income tax controversy in which the South Carolina Department of Revenue
(Department) assessed liabilities on the proceeds of a legal settlement received by the Petitioners. The parties have entered
into settlement negotiations and have resolved their differences. The taxpayers agree to pay taxes of $5,808 plus one-half
of the interest computed thereon in full satisfaction of their 1997 individual income tax liability. The parties agree that
interest will continue to accrue until the date of payment and that payment of interest and taxes will be made no later than
5:00 P.M. on December 2, 2002. Such payment will be made payable to the South Carolina Department of Revenue, and
sent to the attention of Malane Pike, 301 Gervais Street, PO Box 125, Columbia, South Carolina. If the Petitioners fail to
pay the tax and one-half of the interest in full by the date specified above, the parties agree that the Department will
immediately invoke collection procedures to collect the tax, 100% of the interest due, and all applicable penalties. Pursuant
to the terms indicated above, the parties wish to end this litigation.
Based on the consent of the parties, as evidenced by the signatures of the parties below, it is the order of this Court that this
matter is forever ended and dismissed with prejudice to all parties to this suit, as well as those parties in privity to such
parties.
______________________________
C. Dukes Scott
Administrative Law Judge
Columbia, South Carolina
October 28, 2002
We Consent:
_________________________
Malane S. Pike
Attorney for Respondent
_________________________
R. Keith Dooley, CPA
Representing Petitioners |
