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Virginia enacts tax amnesty program for undetermined period in state’s 2017-2018 fiscal year

On February 20, 2017, Virginia Governor Terry McAuliffe signed House Bill 2246, enacting legislation requiring the Virginia Department of Taxation to establish a tax amnesty program. Enrollment dates for the program have not yet been announced. However, the legislation requires the program to be held in the state’s next fiscal year, between July 1, 2017 and June 30, 2018, for a period between 60 and 75 days.