Section 2706. Abatement of additions or penalties.
Upon the filing of a petition for reassessment or a petition for refund as provided under this act by a taxpayer, additions or penalties imposed upon the taxpayer by the laws of this Commonwealth may be waived or abated, in whole or in part, where the petitioner has established that he has acted in good faith, without negligence and with no intent to defraud.
(2706 added Oct. 18, 2006, P.L.1149, No.119)