CAM223
Jan 16 2003, 06:14 PM
A defined benefit pension plan has been assessed an excise tax for making its required contribution late. Is there any way to appeal or get an abatement of this assessment?
pax
Jan 16 2003, 06:16 PM
Not likely.
http://benefitslink.com/boards/index.php?showtopic=16430
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MGB
Jan 17 2003, 10:46 AM
I have seen PLRs in the past year or two that have relieved them when there is a real mistake of fact. However, if it just due to paying late, as pax said, not likely.