Introduced House Bill (H)

DIGEST

Tax amnesty. Provides that if the department of state revenue (department) sent a letter to a taxpayer concerning the tax amnesty program and the taxpayer made a payment under the program, the taxpayer may submit to the department a request to withdraw the taxpayer's participation in the tax amnesty program. Specifies that if the taxpayer submits such a request: (1) the taxpayer shall be considered to have not participated in the amnesty program and to have not complied with the conditions of the amnesty program; and (2) the taxpayer is entitled to a credit against the taxpayer's adjusted gross income Tax amnesty. Provides that if the department of state revenue (department) sent a letter to a taxpayer concerning the tax amnesty program and the taxpayer made a payment under the program, the taxpayer may submit to the department a request to withdraw the taxpayer's participation in the tax amnesty program. Specifies that if the taxpayer submits such a request: (1) the taxpayer shall be considered to have not participated in the amnesty program and to have not complied with the conditions of the amnesty program; and (2) the taxpayer is entitled to a credit against the taxpayer's adjusted gross income tax liability equal to the amount of the payment made by the taxpayer under the amnesty program. Requires such a taxpayer to make the request on the taxpayer's income tax return for a taxable year beginning after December 31, 2015, and before January 1, 2017. Provides that these provisions do not apply to a taxpayer if the department has issued an assessment of a listed tax, a demand for payment of a listed tax, or a demand notice for payment of a listed tax, for a tax period ending before January 1, 2013, that has not been satisfied. ... View more