Compounding time limits: staged extensions allowed with progressively higher compounding charges and approval for longest extension. Where a prosecution complaint has been filed, compounding applications should be filed within twelve months from the end of the month in which the ... Summary
Compounding time limits: staged extensions allowed with progressively higher compounding charges and approval for longest extension.
Where a prosecution complaint has been filed, compounding applications should be filed within twelve months from the end of the month in which the complaint was filed; filing is permissible up to twenty four months with compounding charges at 1.25 times the normal rate. The twenty four month limit may be extended to thirty six months in deserving cases with jurisdictional Principal CCIT approval, with compounding charges at 1.5 times the normal rate.
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