INDIANAPOLIS — Governor Mike Pence recently announced that the Indiana Department of Revenue will conduct Tax Amnesty 2015 from September 15 through November 16, 2015. Of the outstanding taxes collected, the first $84 million will fund the Indiana Regional Cities Development Fund.
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 Jan. 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.
Additional program details can be found at www.taxamnesty.in.gov.
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