Los Angeles Tax Penalty Amnesty Program
From May 1-July 31 businesses with unpaid taxes or under-reported gross receipts, or those who have not registered with the Office of Finance, can benefit from the city of Los Angeles Tax Penalty Amnesty Program.
The program allows businesses to pay delinquent city taxes and avoid up to 40 percent in penalties. The following city taxes qualify for amnesty: business tax, telephone, electricity and gas users taxes, commercial tenant’s occupancy tax, transient occupancy tax, and parking occupancy tax. Following this amnesty period, the Office of Finance will pursue a range of enforcement actions, such as possible legal action and publication of tax debt.
More information is available online.
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on Friday, May 22nd, 2009 at 5:12 pm and is filed under CalCPA News.
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