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Fresh Start: Texas Taxpayer Amnesty Program 2012

by in Compliance, States, Texas

TEXAS – From June 12 through August 17, the Texas Comptroller of Public Accounts will waive penalties and interest for businesses that file delinquent tax reports and pay all taxes due, or amend reports that underreported taxes and pay the taxes due. Reports originally due before April 1, 2012, are eligible for this limited amnesty.

The amnesty is available for all state and local taxes

and fees administered by the Comptroller’s office, with the exception of Public Utility Commission grow receipts assessments.

Amnesty applies to you if,

• didn’t file a tax report,
• underreported tax on a previously filed report,
• don’t have a permit to report and remit Texas taxes.

Amnesty does not apply to filing periods under audit or investigation, or identified for an audit or investigation.