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No, all the bankruptcy does (I'm assuming you're asking about chapter 7, because in CH 13 you'd have the option of letting the trutee sette for less and negotiate a payment plan) is stop te collection machinery, stop the collection process itsef (including any liens not yet placed, call, levy's etc).
HOWEVER, becacsue a gross receipts tax is an income tax these CAN sometime be DISCHARGED under a Title 11, chapter 7 case.
Here are the requirements: (I'll underline the pertinent part)
You cannot get rid of most non-income-related tax debts. The following debts won't be discharged in Chapter 7 bankruptcy:
Please let me know if you have any questions at all.
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I hold a law degree, (Juris Doctorate), with concentration in Tax Law, Estate law & Corporate law, an MBA, with specialization in financial accounting & tax, a BBA, and CFP & CRPS designations, as well - I’ve been providing financial, Social Security/Medicare, estate, corporate, non-profit, and tax advice, since 1986.