Louisiana – Tax Amnesty Collections Reach $435 Million

SALT Report 3211–The amnesty program “gave eligible taxpayers the chance to bring their accounts up to date by paying all taxes due, with a waiver of all penalties and 50 percent of the interest.  The program was in effect from September 23 through November 22.”

The program generated 52,000 applications with payments totaling over $435 million.  For Louisiana the tax amnesty was a success since LDR “estimates the cost of administering the amnesty program, including its share of outside legal fees, is approximately $14 million.”

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2013 Louisiana tax amnesty collections reach $435 million