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Connecticut Tax Amnesty: $180 Million and Counting

  • Nov 21, 2013 | Gail Cole

 The 2013 Connecticut tax amnesty raked in buckets of delinquent tax dollars.

The Connecticut Department of Revenue Services had expected the recent tax amnesty to bring in approximately $35 million. Thus far, the department has collected approximately $180 million.

The state's Rainy Day Fund will soon be bursting with an unanticipated $145 million, most of which came from businesses. The break down is as follows:

  • $91.3 million in back corporate taxes;
  • $55.5 million in sales and use taxes;
  • $21.4 million in personal income taxes and withholding; and
  • 6.8 million in other taxes.

According to Kevin B. Sullivan, Commissioner of the Connecticut Department of Revenue Services, the 2013 tax amnesty program was "the most successful in state history." Yet he estimates there is still an uncollected "$250 million in unpaid state taxes." Businesses and individuals still owing delinquent taxes will now be charged a 25% penalty, substantially more than the normal penalty of 10%. Criminal prosecution is also a consideration for taxpayers who failed to come forward during the amnesty.

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Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.
Gail Cole
Avalara Author
Gail Cole
Gail Cole
Avalara Author Gail Cole
Gail began researching and writing about sales tax in 2012 and has been fascinated with it ever since. She has a penchant for uncovering unusual tax facts, and endeavors to make complex sales tax laws more digestible for both experts and laypeople.