Fri November 30, 2012
Officials Say Kentucky Tax Amnesty Program Will Hit Revenue Goal
State officials say Kentucky’s latest round of tax amnesty will be a success. Tax delinquents have until 9 pm Friday to file their request for amnesty with the state Department of Revenue. If delinquents pay the taxes they owe plus a penalty before the deadline, they can avoid additional punishment.
Revenue Commissioner Thomas Miller says participation has been strong since the program opened last month, and he expects the state to easily hit the $55 million goal.
“All 120 counties have participated in the amnesty program. We’ve had applications from someone from each county. I’ll update this last part, all states, every state in the country has participated now," says Miller.
Miller says the state won’t know the final revenue for a couple months due to a last-minute rush of applicants.