• October 25, 2011

Ohio - Governor Authorizes New Amnesty Program

Most taxes administered by the state qualify for the program.

Ohio Gov. John R. Kasich signed a budget bill that authorizes a tax amnesty program for certain delinquent state and local taxes, including sales and use taxes, corporate franchise tax, commercial activity tax, estate tax, motor fuel taxes, cigarette taxes, school district income taxes, and tangible personal property taxes.

The tax amnesty program is set to begin on May 1, 2012, and will end on June 15, 2012. The program will apply to taxes which were due and payable as of May 1, 2011.

Under the new program, taxpayers who pay the full amount of the qualifying delinquent taxes owed and half of any accrued interest will have all applicable penalties and the remaining interest waived or abated. Further, taxpayers participating in the program will not be subject to any criminal prosecution or any civil action with respect to the tax paid.

If you would like additional information on this topic or have any questions, please contact the taxdesk@thesaltgroup.com