Maryland passes amnesty bill

Maryland Gov. Larry Hogan has signed legislation requiring the Comptroller to declare an amnesty period for delinquent taxpayers from September 1, 2015, to October 30, 2015, inclusive, that waives civil penalties and one-half of any interest imposed on taxpayers that, on or before December 31, 2014, failed to file a required personal income, corporate income, withholding, sales and use, or admission and amusement tax return. The amnesty allows taxpayers to (1) file returns and pay the delinquent tax, including one-half interest, (2) pay the tax and one-half interest on a previously filed return, or (3) enter into an agreement with the Comptroller to pay the tax and one-half interest. An agreement with the Comptroller must provide for payment of the delinquent tax plus one-half interest in full on or before December 31, 2016. The amnesty program does not apply to any taxpayer that was granted amnesty under a Maryland program held between calendar year 1999 and calendar year 2014 or any taxpayer eligible for the July 1, 2004, through November 1, 2004, Settlement Period, as provided in Chapter 557 of the Acts of 2004 for tax periods prior to tax year 2003. (Ch. 50 (S.B. 763), Laws 2015, effective June 1, 2015, and applicable as noted above.)

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