Upcoming State and Local Tax Amnesty Programs: A Sweet or SALTy Proposition for Taxpayers?

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

One clear trend during this year's state tax legislative sessions was the adoption of tax amnesty programs. This article provides an overview of upcoming programs in Arizona, the City of Tucson, Indiana, Kansas, Maryland, Massachusetts, Missouri, Oklahoma and South Carolina. It also compares the benefits to taxpayers of participation in amnesty programs versus entering into voluntary disclosure agreements to settle outstanding tax liabilities.