BATON ROUGE (AP) — Louisiana's latest tax amnesty period has started, giving delinquent taxpayers time to pay what they owe with fewer penalties and interest than they would otherwise be charged.
The amnesty began Monday and runs through Dec. 15. It's the third and final year in a row such a period is being offered to people with back-owed taxes.
Those who agree to settle their tax debts with the state will have to pay the full amount of delinquent taxes, 83 percent of the interest and 67 percent of the penalties due. Six-month installment plans are available.
State lawmakers hope to raise $50 million with the latest 30-day amnesty period.
People can apply at www.ldrtaxamnesty.com or by calling 1-866-782-9241. Taxpayers involved in criminal investigations or criminal litigation for state tax issues don't qualify.
