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.

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