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Louisiana Tax Amnesty Pays Off

  • Dec 16, 2013 | Gail Cole

 A bundle of money was raised by the 2013 Louisiana Tax Amnesty program.

According to a Louisiana Department of Revenue (LDR) press release, the 2013 Tax Amnesty Program has generated more than $435 million in revenue for the state. In other words, it was wildly successful.

Roughly $369 million came from accounts already under audit or investigation, most of which were business accounts. An additional $66 million were from individuals.

It cost LDR approximately $14 million to run the amnesty. The department "will retain about $64 million to replace penalties and fees waived under the program." That leaves more than $350 million for the state.

The Louisiana amnesty is not the only such program, though it is perhaps the most wildly successful. Connecticut ran a similar program earlier this year that generated more than $180 million. Last year, the Rhode Island Tax Amnesty brought in $17 million.

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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.