MONTGOMERY, Feb.
6, 2017 – The Alabama Department of Revenue released today the 2016 Alabama Tax
Amnesty Program Executive Summary, which details the results of the program.
Approved taxpayers received a three-year look-back period, waiver of penalties,
and waiver of one-half interest.
The Department
received gross collections of $5.6 million from taxpayers approved for amnesty.
“The Department
of Revenue was happy to give these taxpayers the opportunity to do the right
thing and come forward,” said Revenue Commissioner Julie P. Magee. “Millions of
dollars of revenue are now where they should be, funding education and other
services for Alabama citizens.”
The Alabama Tax
Amnesty program, established by Act
2015-555, was available June 30 – Aug. 30, 2016, to taxpayers who had not
been contacted by ADOR and were not parties to any criminal investigation or
criminal litigation in any court in the U.S. or in the State of Alabama. The
program applied to all taxes, except motor fuel taxes, administered by the
Department of Revenue.
“I’m pleased
that this legislation helped recover more than $5 million in funds for the
education budget,” said Senator Tim Melson, sponsor of the amnesty legislation.
“This program was a win-win for taxpayers and the state, and I’m proud of the
work done in the Legislature and by the Department of Revenue to bring it to
fruition.”
To read the
2016 Alabama Tax Amnesty Program Executive Summary, visit http://www.revenue.alabama.gov/documents/forms/2016_Alabama_Tax_Amnesty_Executive_Summary.pdf.
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___________________________________________________________
Media contact for more information:
ADOR
Communications/Publications Division
Frank.miles@revenue.alabama.gov
Amanda.collier@revenue.alabama.gov
Telephone:
334-242-1390; FAX: 334-242-0550
Website: http://www.revenue.alabama.gov/