The amnesty program for those taxpayers with existing business tax liabilities is nearing the end of its run, with about $10 million received from about 4,500 taxpayers.
The amnesty began April 1 shortly after the mailing about 36,000 amnesty tax bills and will end June 1.
Gov. Deval Patrick proposed the amnesty measure last year and it was approved by the Legislature in November with the passage of Section 43 of Chapter 166 of the Acts of 2009.
Those taxpayers who take advantage of the amnesty opportunity will not have to pay unpaid penalties and the interest directly attributable to those penalties. However, they will have to pay unpaid interest on the unpaid tax.
While the amount of business or trustee tax (sales and use, meals and withholding taxes) owed by the taxpayers receiving bills is $408.8 million, the amount minus the penalties and interest on those penalties that could be waived is about $104 million, so there is potential for significant savings to taxpayers who take advantage of this limited time amnesty offer.
DOR estimated the response to the amnesty would generate about $20 million. The $10 million recorded so far does not include payments received from taxpayers who were already paying down their tax bills, and who will also receive amnesty terms for payments made during the amnesty period.
The average dollar amount of penalties to be waived is about $3,000 for each of the nearly 36,000 amnesty tax bills.
Only business and trustee tax payers who received the amnesty tax bills are eligible. Individual income taxpayers are not eligible.
The easiest way to pay through the amnesty program is on-line through DOR's Web Services for Income application or the Web File for Business application at www.mass.gov/dor. On-line payments may be made using a credit card, but a convenience fee may be charged by the selected credit card vendor. When making an on-line payment taxpayers should be sure to enter the "bill number" listed in the upper right hand corner of the amnesty notice, of, if paying by check through the mail, the taxpayer must complete and attach the coupon from their Amnesty Tax Notice.
If you have lost or misplaced your amnesty bill, please contact DOR at 1-800-392-6089.