Texas Amnesty starts June 12 and provides opportunity for waiver of interest and penalties for outstanding liabilities

June 2012

Overview

From June 12 through August 17, 2012, Texas will offer an amnesty program under which eligible participants will be granted a waiver of penalties and interest on payments made during the amnesty period. Amnesty generally applies to returns due before April 1, 2012, and to most state and local taxes and fees administered by the Comptroller's office. Eligible taxpayers that fail to participate in the program are subject to additional penalties. [Project Fresh Start, Texas Comptroller of Public Accounts, 3/2012]

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Peter Michalowski
National SALT Practice Leader
Tel: +1 (646) 471 5259
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