Sales, Use and International Tax Activity Update - July 2010

States Turn Down the Heat with Tax Amnesty Programs - Illinois

The tax amnesty program runs from October 1 through November 15 (amnesty period). Under the terms of the amnesty, upon payment by a taxpayer of all taxes due for any taxable period ending after June 30, 2002, and prior to July 1, 2009 (taxable period), the department will abate and not seek to collect any interest or penalties that may apply and will not seek civil or criminal prosecution for any taxpayer for the period of time for which the amnesty was granted. Failure to pay all taxes due to the state during the amnesty period would invalidate any amnesty granted.

Participation in the amnesty would not preclude a taxpayer from claiming a refund on an issue unrelated to the amnesty. Anyone who has a tax liability for the amnesty period and does not satisfy it during the amnesty program will be charged double the amount of any interest or penalty that would otherwise apply.

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