Press Room: Tax Release
Massachusetts Offers Tax Amnesty
The Massachusetts Commissioner of Revenue is currently running a 60-day tax amnesty program from April 1, 2016 through May 31, 2016.
- Individual taxpayers who either have failed to file a tax return or failed to report the proper tax due on a prior tax return that was due on or before December 31, 2015, without regard to extensions; and
- Business taxpayers who have either failed to file a tax return or failed to report the proper tax due on a prior tax return that was due on or before December 31, 2015, without regard to extensions.
- Taxpayers engaged in pending litigation with the Commissioner;
- Taxpayers seeking a waiver of tax penalties related to a pre-existing assessment, whether paid or unpaid;
- Taxpayers seeking a refund of tax or a credit of an overpayment;
- Taxpayers who have been or are the subject of a tax-related criminal investigation or prosecution as to any tax;
- Taxpayers participating in the Amnesty Program with a fraudulent application or documentation;
- Taxpayers that fail to report the full amount of tax properly due on an Amnesty Return or attempt in any manner to defeat or evade a tax by using the Amnesty Program; or,
- Taxpayers that have entered into a settlement agreement with the Commissioner.
Most tax types administered by the Massachusetts Department of Revenue, with the exception of:
- Preferred provider excise tax;
- Deeds excise tax; and
- Abandoned bottle deposits.
Benefits of Participation
- Waiver of certain penalties for failure to timely file a return or pay tax due on eligible tax types;
- Limited three-year look-back period; and
- Absolution from DOR-initiated criminal investigation or prosecution with respect to a tax type and periods included in any Amnesty Return submitted and payment made thereon in good faith.