Tax amnesty total now at $120 million
June 14, 2010 Leave a comment
With less than a week to go before the deadline, Pennsylvania’s Tax Amnesty effort has brought in a bit less than two-thirds of its $190 million goal.
Officials remain optimistic the total will be met, saying the last few days of amnesty drives are always the busiest.
Here’s the Revenue Department’s latest release:
Revenue Department Provides PA Tax Amnesty Update
Tax Delinquents Have Just Four Days to Act
Harrisburg – The PA Tax Amnesty program received 38,700 completed applications disclosing $120 million in previously unpaid Pennsylvania back taxes in the program’s first seven weeks, Secretary of Revenue C. Daniel Hassell reported today.
The single largest payment to date was $2.1 million for corporate taxes.
As of this morning, traffic to the PA Tax Amnesty website, http://www.PATaxPayUp.com<http://www.pataxpayup.com/>, totaled nearly 276,000 hits; and more than 77,600 calls to the PA Tax Amnesty hotline, 1-877-34-PAYUP, were answered.
About Tax Amnesty:
For a limited time, the PA Department of Revenue is waiving 100 percent of penalties and half the interest for anyone who applies for Tax Amnesty online at http://www.PATaxPayUp.com<http://www.pataxpayup.com/> and pays eligible delinquent taxes by June 18.
The 54-day PA Tax Amnesty program, created by Act 48 of 2009, is generally available to all individuals, businesses and other entities with PA tax delinquencies as of June 30, 2009.
The Tax Amnesty period began on April 26 and is expected to net $190 million for the current fiscal year budget.
After the program ends on June 18, eligible taxpayers that did not take advantage of the PA Tax Amnesty opportunity to pay what they owe will have a 5-percent non-participation penalty added to delinquencies and may face other enforcement actions.
For more information, visit http://www.PATaxPayUp.com<http://www.pataxpayup.com/> or call 1-877-34-PAYUP (1-877-347-2987) weekdays between 7:30 a.m. and 7 p.m. The hotline will also be open until midnight on June 18, the final day of Tax Amnesty.