Indiana Announces Tax Amnesty
Governor Mike Pence announced that the Indiana Department of Revenue will conduct a tax amnesty program from September 15, 2015 through November 16, 2015. This amnesty was authorized by the biennial budget signed into law May 2015. Amnesty will be provided for all penalties, interest, and collection fees for all existing tax liabilities and tax types managed by the department for periods ending prior to January 1, 2013.
Taxpayers who participated in the 2005 amnesty program will not be eligible to participate in the 2015 program.
In return for full payment of the base tax, the state will (1) waive penalties, interest, and collection fees for eligible liabilities; (2) release tax liens that have been imposed on existing liabilities; and (3) not seek civil or criminal prosecution.
If a taxpayer elects to utilize this program, the taxpayer will forego all rights to protest the assessment and is not allowed to file a claim for refund at a later point.
For more information on the amnesty program, click here.