Commonwealth Offers Tax Amnesty Program

9/14/17

The 2017 Virginia Tax Amnesty Program began Wednesday and will continue until Nov. 14.

The program provides delinquent individual and business taxpayers the opportunity to pay back taxes with no penalties and half the interest.

Approved by the 2017 General Assembly, the program assumes collection of $89.5 million for the general fund to support education, health, and public safety, as well as provide a cash reserve.

The amnesty period provides most individuals, corporations, estates, trusts, and partnerships that have failed to pay taxes an opportunity to settle their tax obligations with the commonwealth.

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