- Pennsylvania Department of Revenue Launches Tax Amnesty Program
- May 8, 2017 | Authors: William A. Buck; Brent Senan Kirwan
- Law Firm: Leech Tishman - Pittsburgh Office
On Friday, April 21, 2017, the Pennsylvania Department of Revenue announced the launch of a tax amnesty program that allows individuals and businesses to pay outstanding tax liabilities. The program applies to taxpayers with tax liabilities known and unknown to the Pennsylvania Department of Revenue.
Under the program, individuals and businesses may be eligible to have all outstanding penalties waived and outstanding interest reduced by fifty percent. All taxes administered by the Pennsylvania Department of Revenue are eligible for tax amnesty, with some restrictions. Taxpayers should note that the time-frame for this program is limited; all tax amnesty payments must be made in full by June 19, 2017.
Individuals, businesses and other entities with known state tax delinquencies as of December 31, 2015, are generally eligible to participate in the tax amnesty program. According to the program’s website, letters will be mailed to the last known address of taxpayers eligible for tax amnesty. If eligible taxpayers with known, outstanding liabilities with the Pennsylvania Department of Revenue do not make tax amnesty payments by the June 19 deadline, an additional 5 percent penalty will be assessed against outstanding balances.
As an additional incentive to encourage taxpayers to come forward, individuals, businesses and other entities with tax liabilities unknown to the Pennsylvania Department of Revenue only have to file and pay taxes dating back to Jan. 1, 2011.