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You’re eligible for the program, which begins accepting applications on Nov. 1, if you owe income or other taxes — or if you failed to file a return at all.
Tax amnesty is good, but fails to serve distressed Mass. taxpayers. Here’s a solution (Viewpoint) Updated: Dec. 02, 2024, 1:07 p.m. | Published: Dec. 02, 2024, 1:05 ...
Amnesty also may be available for tax years ended before 1999. CPAs should review revenue procedure 2003-11 and news release IR 2003-5 to determine whether their clients can benefit. GAccording to the ...
The Massachusetts Department of Revenue (DOR) announced a tax amnesty program that will run from Nov. 1 to Dec. 30, 2024. The program will forgive penalties for some taxpayers who are able to pay i… ...
Massachusetts State House, Boston Beacon Hill, Massachusetts, USA. getty The Commonwealth of Massachusetts has announced an amnesty program for taxpayers. Under the program, most penalties for ...
The Egyptian Tax Authority (ETA) has reminded taxpayers that only eight days remain to take advantage of the tax relief ...
If the assets are found by authorities before July 1, 2019, they will be subject to a final income tax of 30 percent for individuals, 25 percent for companies, and 12.5 percent for special cases.
Similar programs have been tried elsewhere. Virginia collected $32.2 million over two months in a 1990 tax amnesty. The District recovered about $10 million from an income tax amnesty in 1988.