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Legislation may give Missouri taxpayers amnesty on owed taxes

4:21 AM, Jan 27, 2011   |    comments
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JEFFERSON CITY, Mo. (AP) - Missouri taxpayers who owe the state money may be getting a break.

Members of a House panel planned to discuss legislation Thursday to give taxpayers amnesty on all unpaid taxes that were due before the end of 2010. They would receive amnesty from all penalties, interest and increases in the taxes they haven't paid.

Taxpayers would have to apply for the amnesty and pay their taxes in full before Oct. 31. They would also be required to follow all state tax laws for the next eight years.

Gov. Jay Nixon also has called for a tax amnesty program as part of his plan to bring in additional state revenues and balance the budget.

 

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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