Gov. Mike Pence has announced that the Indiana Department of Revenue will conduct Tax Amnesty 2015 from September 15 through November 16, 2015. Tax Amnesty 2015 was authorized by the biennial budget, which was signed into law in May 2015. Tax amnesty is a limited-time opportunity for both individuals and businesses to pay past-due base tax liabilities free of penalty, interest, and collection fees. Existing tax liabilities, for all tax types managed by the department, for periods ending prior to January 1, 2013, are eligible to participate in Tax Amnesty 2015. Approximately 40 different tax types are eligible for participation.
In return for the full payment of the base tax, the state will:
- waive penalties, interest, and collection fees for eligible liabilities;
- release tax liens that have been imposed on existing liabilities; and
- not seek civil or criminal prosecution against any individual or entity.
Indiana’s first tax amnesty program was conducted in 2005, during which the state collected $244 million in taxes. Taxpayers who participated in the 2005 amnesty program are not eligible to participate in Tax Amnesty 2015.
For more information see http://www.in.gov/dor/amnesty/index.htm. Governor Pence Announces Tax Amnesty to Be Conducted in Fall 2015, Indiana Gov. Mike Pence, June 29, 2015
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