The Rhode Island Division of Taxation is offering a Tax Amnesty program which will allow certain taxpayers to pay the full amount of overdue taxes plus 75% of any interest due, without having to pay the remaining interest and any penalty amounts due, and without being subject to any other civil or criminal penalties.
Rhode Island's Tax Amnesty Program will run from September 2, 2012 through November 15, 2012 and applies to taxes that were due on or before December 31, 2011. The amnesty includes 2011 Rhode Island personal income tax returns, which were due April 17, 2012.
Rhode Island's Tax Amnesty program includes, but is not limited to, the following types of taxes:
Corporate income tax
Fiduciary income tax
Personal income tax
Cigarette and tobacco products taxes
Employer taxes - unemployment, temporary disability insurance
Some exclusions to the Tax Amnesty program are:
Taxpayers facing criminal investigation are not eligible for tax amnesty.
Taxpayers party to any civil or criminal proceeding pending in any court of the United States or the State of Rhode Island, for fraud in relation to any State tax imposed by the laws of the State and collected by the Tax Administrator.
If a taxpayer is eligible for tax amnesty, a payment plan may be set up. However, the full amount of the tax and 75% of any interest due must be paid no later than December 14, 2012.