AUSTIN — Comptroller Susan Combs will offer a 60-day tax amnesty to businesses with overdue state taxes and those that may be operating without required tax permits.
From June 15 through Aug. 15, taxpayers can come forward, file past-due tax reports and pay their taxes in full, and the comptroller will waive penalty and interest charges normally added to delinquent taxes.
The tax amnesty applies to taxes and tax reports originally due before April 1.
“We’re calling the amnesty period Project Fresh Start, because taxpayers have a unique, limited-time opportunity to clear up unpaid, underreported or overdue taxes without fear of penalty or interest and get a fresh start with the state,” Combs said.
The Project Fresh Start amnesty period applies to sales tax, franchise tax and all other state and any local taxes and fees administered by the state comptroller, except unclaimed property and PUC gross receipts assessments.
Eligible taxpayers include those who did not file a required tax return or report; misrepresented, understated or omitted any tax liability on a past report; or erroneously claimed tax credits or tax deductions.
The amnesty does not apply to assessments already identified by the comptroller, taxpayers under audit or review and taxpayers the comptroller has already contacted about an audit or possible tax deficiency.
“Project Fresh Start is an exciting opportunity for our agency, as well as taxpayers,” Combs said. “It’s a new day at the comptroller’s office, and this is our chance to welcome new taxpayers and resolve old issues with other taxpayers. You owe it to yourself, because you owe it to Texas.”
Taxpayers can visit the Project Fresh Start Web site at www.freshstart.texas.gov for complete details about how to participate in the tax amnesty, or call (800) 252-1390 or contact the nearest comptroller field office.
Field office information, tax permit applications and tax forms are available on the Web site.