Missouri – House Approves Tax Amnesty Bill

2/25/2013

SALT Report 2182 – On February 20, 2013 the Missouri House of Representatives approved a Bill that will offer amnesty to delinquent taxpayers. Once accepted into the amnesty program, taxpayers will be relieved of the imposition of penalties, additions to tax, and interest that are usually assessed on unpaid taxes administered by the Department of Revenue. The amnesty program will run from July 1, 2013 through December 31, 2016.

To qualify the program, taxpayers must do all of the following:

  • Apply for amnesty,
  • File a tax return for each tax period for which amnesty is requested,
  • Pay all unpaid taxes in full from August 1, 2013, to October 31, 2013,
  • Agree to comply with all state tax laws for the eight years following the date of the agreement, and
  • Agree to relinquish all administrative and judicial rights of appeal

If a taxpayer fails to comply with the terms of the agreement, the penalties, additions to tax, and interest that were waived will become due immediately. Additionally, any tax payments received by the Department pursuant to an amnesty agreement will not be eligible for refund or credit.

Taxpayers who are involved in a criminal investigation or civil or criminal litigation for nonpayment, delinquency, or fraud relating to any taxes imposed by the state will be excluded from the amnesty program.

For Further Information

Missouri House of Representatives – HB 55