All taxes that the state administers qualify for the program.
The Missouri House of Representatives has approved a bill that would provide an amnesty from the assessment or payment of all penalties, additions to tax, and interest with respect to unpaid state income taxes and sales and use taxes due prior to December 31, 2010, that are reported and paid in full from August 1, 2011, through October 31, 2011. The amnesty would not apply to penalties, additions to tax, and interest paid before August 1, 2011.
Amnesty would be granted only to taxpayers who submit a written application within the prescribed period, file a tax return for each taxable period for which amnesty is requested, pay the entire balance due within 60 days of approval of their application by the Department of Revenue, and agree to comply with the state tax laws for the eight years following the date of the amnesty agreement.
If a taxpayer fails to comply with the state tax laws at any time during the eight years following the date of the agreement, all penalties, additions to tax, and interest that were waived under the agreement would become due and owing immediately. Furthermore, if a taxpayer elects to participate in the amnesty program, as evidenced by full payment of the tax due, that election would constitute an express and absolute relinquishment of all administrative and judicial rights of appeal.
No tax payment received under the amnesty program would be eligible for refund or credit.
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