The Indiana Department of Revenue today, Tuesday launched Tax Amnesty 2015, a limited-time opportunity for both individual and business taxpayers to pay past-due taxes free of penalty, interest and collection fees. The program runs through November 16, 2015.
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. More than 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. Taxpayers who participated in the 2005 amnesty program are not eligible to participate in Tax Amnesty 2015.
“Our goal is to help eligible taxpayers catch up on past-due taxes and move forward in good standing with the department,” said Indiana Department of Revenue Commissioner Andrew Kossack. “Tax Amnesty 2015 is a one-time opportunity, and I encourage taxpayers who think they may be eligible to look into the program and take advantage of this opportunity.”
To participate, eligible taxpayers should go towww.taxamnesty.in.gov, call 1-844-TAXES-IN (1-844-829-3746) or visit any of the department’s 12 district offices to pay in full or establish a Tax Amnesty 2015 payment plan. Taxpayers who have received notification letters from the department can return the enclosed coupon with the full amount due.
Of the past-due taxes collected, the first $84 million will fund the Indiana Regional Cities Development Fund. The next $6 million will be allocated to the Indiana Department of Transportation to support the operation of the Hoosier State Rail Line. Remaining taxes collected will be deposited into the state general fund.
Tax Amnesty 2015 is authorized by the biennial budget in House Enrolled Act 1001, which was signed into law by Governor Mike Pence in May 2015.
Additional program details and department contact information is available at www.taxamnesty.in.gov.