Washington HB2615 codifies the voluntary disclosure tax program and authorizes temporary tax amnesty.
Washington HB2615 codifies the voluntary disclosure tax program, allowing taxpayers to disclose past tax liabilities without penalties or interest if certain conditions are met. The bill also authorizes temporary tax amnesty, permitting taxpayers to remit unpaid taxes without penalties or interest. To qualify, taxpayers must disclose all relevant taxable activity, not have engaged in fraud or evasion, and not be under audit or have past due balances. The Department of Revenue may grant extensions for filing returns and may waive electronic filing requirements for good cause.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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