New Hampshire Tax Amnesty, December 2015
- Sales Tax News
- Sep 28, 2015 | Gail Cole
New Hampshire Department of Revenue Administration.
The amnesty runs December 1, 2015 through February 15, 2016, and applies to all unpaid taxes due on or before February 15, 2016. Successful participants will enjoy relief from “all penalties and interest in excess of 50 percent of the applicable interest rate.”
Eligible taxpayers are advised to take advantage of the amnesty program while it lasts. Once it's over, it's over – full interest and penalties become mandatory. As written in section 276:243 of the budget:
“On or after March 1, 2016, notwithstanding the provisions of any other law, the department or any administrative tribunal or court with jurisdiction, either in law or equity, shall have no discretion to waive, abate, reduce, or remit, for good cause or any other reason, any penalties assessed with respect to taxes administered by the department, which taxes were due before December 1, 2015."
Render tax amnesty programs obsolete by paying what you owe, when you owe it. Learn more.