BATON ROUGE — Delinquent taxpayers have one last shot to pay what they owe with lessened penalties and interest charges.
The state revenue department announced Monday that Louisiana’s latest tax amnesty period begins Nov. 16 and runs through Dec. 15. It’s the third year in a row Louisiana is offering amnesty to those who haven’t paid what they owe, and it’s the last amnesty allowed for a decade.
State lawmakers authorized the amnesty periods to help drum up money for the state’s budget. The goal of this year’s 30-day amnesty period is to raise $50 million.
Those who agree to settle their back-owed tax debts will have to pay the full amount of delinquent taxes, 83 percent of the interest and 67 percent of the penalties due. Six-month installment plans are available.