LOUISIANNA – Reminder, today November 22, 2013 is the last day for this year to file for statutory amnesty covering all taxes administered by the Department of revenue except motor fuel taxes and certain penalties.
Applicable years are taxable periods that began before January 1, 2013 and for taxes due prior to January 1, 2013 for which the Department issued notices between January 1 – May 31, 2013.
Penalties will be waived 100% in 2013, 15% & 10% in 2014 & 2015 respectively. 50% of interest will be waived only in 2013.
There is one special provision, participants waive right to protest or initiate judicial proceeding.
If you have questions regarding this article contact us at Davis Davis & Harmon LLC.