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Statewide tax amnesty program now underway

The 2017 Virginia Tax Amnesty Program, which provides delinquent individual and business taxpayers the opportunity to pay back taxes with no penalties and half the interest, began last week and continues through Nov. 14, according to a release from Gov. Terry McAuliffe’s office.

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. 

“This program provides delinquent taxpayers with a great opportunity to pay off their outstanding tax bills easily at a reduced cost, while at the same time increasing the collection of certain revenues that are owed to the Commonwealth and fund critical services,” McAuliffe said. 

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

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