Dec 10, 2015 12:20 PM
Those owing taxes can take part in one-time amnesty program
The Associated Press
CONCORD — People or businesses that owe outstanding taxes in New Hampshire have a one-time chance to pay without penalty as part of an effort that could raise as much as $16 million in revenue for the state.
The Department of Revenue Administration's Tax Amnesty Program started Dec. 1 and runs through Feb. 15, 2016. Lawmakers established it during the 2015 legislative session.
The program also offers the chance to pay up with only 50 percent of accrued interest.
A similar program was run in 2001, raising nearly $15 million in revenue.
Department Commissioner John Beardmore said 11,485 tax notices are in collection status totaling $23.9 million in outstanding taxes. The average outstanding tax notice amounts to $2,081.