Virginia's Tax Amnesty Program Reels In Close To $103 Million | WAMU 88.5 - American University Radio

: News

Virginia's Tax Amnesty Program Reels In Close To $103 Million

Play associated audio

By Natalie Neumann

Virginia collected about $103 million in back taxes during the state's recent tax amnesty program, more than double the expected amount.

During the two-month "Get Square" program that began in October, individuals and businesses owing back taxes were able to waive half the interest they owed and all penalties. Those who didn't pay during the amnesty period though face an additional 20 percent penalty.

Governor Tim Kaine says the amount collected was more than twice the initial projection of $41 million. The revenue will support education, public safety, and health safety net programs.

The General Assembly authorized the program to help bring those with outstanding tax liabilities forward so late taxes could be collected. The state collected about $98 million during the last tax amnesty program in 2003.

WAMU 88.5

Art Beat With Lauren Landau, July 24

An aromatic exhibit turns art into eye candy and a new play explores a salacious mentorship.

NPR

With Help From America's Test Kitchen, Why Buy When You Can DIY?

Morning Edition host Renee Montagne talks to America's Test Kitchen's Chris Kimball about foods that are easier than you'd guess to make at home. Fresh Nutella or kale chips, anyone?
NPR

Montana Sen. Walsh Says PTSD May Have Played A Role In His Plagiarism

Sen. John Walsh lifted at least a quarter of his United States Army War College master's thesis, according to a report in The New York Times. Walsh was appointed to the Senate in February.
NPR

U.S. Database Glitch Delays Passport, Visa Processing

The problem in the U.S. State Department system could cause problems for millions of people worldwide who are awaiting travel documents.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.