Statutory Amnesty

CONNECTICUT – There will be an upcoming statutory amnesty beginning on September 16, 2013 through November 15, 2013. It will cover all taxes administered by DOR except motor carrier road tax. It will be applicable to any tax period ending on or before November 30, 2013. Penalties will be waived along with 75% interest waived. Taxpayers under audit can participate. 25% penalty for non-participation. It is estimated that $25 million will be collected in back taxes.