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New Hampshire tax amnesty program to begin Dec. 1, 2015

Earlier this year, New Hampshire enacted legislation directing the New Hampshire Department of Revenue Administration to conduct a tax amnesty program from Dec. 1, 2015, to Feb. 15, 2016. The Department recently has released information detailing the administration of the tax amnesty program. The program applies to a wide variety of taxes administered and collected by the Department. If the taxpayer pays the tax due and 50% of the accrued interest during the amnesty period, the Department will waive penalties and the remaining 50% of the interest on outstanding taxes. The program is limited to taxes due but unpaid on or before Feb. 15, 2016. The same legislation also establishes a voluntary disclosure program.

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