Pennsylvania Offers Tax Amnesty Program through June 18, 2010

The Pennsylvania Department of Revenue administers several taxes, including taxes aimed at corporations, sales, hotel occupancy, motor fuels, and cigarettes. Non-payment of these taxes may result in substantial penalties and interest charges.

The Pennsylvania Department of Revenue is currently offering a tax amnesty program from April 26, 2010 to June 18, 2010. During this period, the Pennsylvania Department of Revenue will waive, for any individual, business, or other entity that files and pays his, her, or its delinquent state taxes:  (1) all penalties, (2) half of the accrued interest, (3) a five percent non-participation fee, and (4) the threat of prosecution for non-payment of these delinquent taxes.

This is the first time in 14 years that Pennsylvania is offering a Tax Amnesty program to boost collections. The last tax amnesty program was held from October 1995 to January 1996. The Pennsylvania Department of Revenue has set up a website for the program, available at www.PATaxPayUp.com.

Please contact your Leech Tishman attorney to schedule a time to review your current and/or delinquent tax obligations. We can assist you or your business in determining whether participation in this program is in your best interest.

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