Louisiana –2014 and 2015 tax amnesty programs modified
State and Local Tax
Enacted on June 23, 2014, H.B. 663 enhances Louisiana’s 2014 and 2015 tax amnesty programs by: (1) increasing waivers of penalties and interest and (2) allowing taxpayers to enter into installment agreements. However, the bill also imposes a double interest penalty on taxpayers that fail to participate in the amnesty and are assessed tax for an eligible period.