Indiana

Indiana tax amnesty begins, aims to collect at least $90M

INDIANAPOLIS (AP) — Indiana’s second tax amnesty period in the past decade is under way, giving delinquent taxpayers a chance to pay their tax bills free of penalties, interest and collection fees.

Indiana Department of Revenue Commissioner Andrew Kossack says officials hope to recover at least $90 million during the amnesty period that began Tuesday and runs through Nov. 16.

The two-month program authorized by state lawmakers is being counted on to provide $84 million for a new regional cities program and $6 million to support Amtrak’s Hoosier State line.

Kossack says about 260,000 corporations, small businesses and individuals who owe about $500 million are eligible for the amnesty program.

Indiana’s first tax amnesty period was in 2005, when the state collected $244 million of some $1.3 billion in unpaid taxes.

Related posts

Man shot several time in parking lot along Peddlers Village Road in Goshen

Jon Zimney

Medical professionals push for safety during American Stroke Month

Network Indiana

BBB warns to watch out for Mother’s Day scams

95.3 MNC