Pennsylvania Tax Amnesty Program Available from April 21, 2017 – June 19, 2017

With the enactment of Act 84 of 2016, the General Assembly authorized the Pennsylvania Department of Revenue to administer a PA Tax Amnesty program. The Tax Amnesty program will run from April 21, 2017 through June 19, 2017. During this 60-day time period, the PA Department of Revenue will waive all penalties and half of the interest that would normally be assessed for anyone who participates in the program. Among the benefits of participating in this program is the potential for the PA Department of Revenue to rescind any liens or other enforcement actions that are currently associated with debt owed.

Eligible Taxes – Virtually all taxes administered by the PA Department of Revenue are eligible for the program. This includes the following local taxes: Local Realty Transfer Tax, Local Sales/Use and Hotel Occupancy Taxes for Philadelphia and Allegheny County.

The Tax Amnesty program does not apply to Unemployment Compensation or any tax administered by another state, local government or the federal government.

Eligible Taxpayers – Individuals, businesses and other entities with state tax delinquencies as of December 31, 2015 are generally eligible to participate in the 2017 Tax Amnesty program. Any individual, business or other entity that participated in the 2010 Tax Amnesty program is ineligible to participate in the 2017 program.

Time-sensitive actions necessary – If an individual, business or other entity is eligible to participate in the 2017 Tax Amnesty program and chooses not to participate, a 5% penalty will be added to any balance due and the individual, business or other entity may be subject to additional administrative actions.

If an individual, business or other entity does not qualify for the 2017 Tax Amnesty Program, the PA Voluntary Disclosure Program is currently available and will continue to remain active during the Tax Amnesty period.

For More Information

If you have any questions about the 2017 PA Tax Amnesty Program or the PA Voluntary Disclosure Program, please contact Tamara L. Fox at 717.255.7354, Thomas A. Bowen at 717.255.7363 or the Stevens & Lee attorney with whom you normally consult.

This News Alert has been prepared for informational purposes only and should not be construed as, and does not constitute, legal advice on any specific matter. For more information, please see the disclaimer.