Local Rule 6070-1: TAX RETURNS
Bankr. W.D. Tenn. — General rule
TNWB LBR 6070-1 TAX RETURNS
(a) Filing of Tax Returns. The entity required by applicable tax laws to file timely returns and make timely tax payments on behalf of the estate shall do so. In Chapter 11 and 12 cases, copies of such returns shall be provided to the United States Trustee.
(b) Tax Deposits. Unless excused by the United States Trustee or the court, any entity operating the debtor's business during the pendency of a bankruptcy case shall segregate and deposit all sales taxes and all payroll taxes withheld from employee earnings into a separate bank account. Such funds shall be used solely for payment of sales or payroll taxes to the appropriate taxing authority.
(c) Failure to Comply. Failure to comply with this Local Rule may constitute cause for dismissal or conversion of the case, or for the appointment of a trustee.