Sec. 7-1.2. Extension of time for payment of tax

Tax Law, § 213(2)

The Tax Commission may grant a reasonable extension of time for payment of the tax upon receipt of a written request from the taxpayer giving complete information as to the reasons for its inability to make payment of the tax on or before the prescribed due date. Interest must be paid on any balance due from the original due date of the report, without regard to any extension, to the date of payment.