West Virginia Code of State Rules
Agency 110 - Tax
Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-10H - Tax Amnesty Program Of 2004
Section 110-10H-2 - Legislative Intent, Findings and Purpose

Universal Citation: 110 WV Code of State Rules 110-10H-2

Current through Register Vol. XLI, No. 38, September 20, 2024

2.1 Intent. -- It is the intent of the Legislature in enacting the tax amnesty program to improve compliance with this State's tax laws and to accelerate and increase collections of certain taxes currently owed to this State.

2.2 Findings and purpose. B It is the Legislatures finding that the public purpose is served by the waiver of tax penalties, additions to tax, a portion of accrued interest, and criminal prosecution in return for the immediate reporting and payment of previously underreported, unreported, unpaid or underpaid tax liabilities that are due and owing and are delinquent as of January 1, 2004. Benefits to be gained by this program include, among other things, accelerated receipt of certain currently owed taxes, permanently bringing into the tax system taxpayers who have been evading tax, and providing an opportunity for taxpayers to clear their records and satisfy tax obligations. It is further the intent of the Legislature that the tax amnesty program not be repeated in the future, since taxpayers' expectations of future amnesty programs could have a counterproductive effect on compliance.

2.2.1. The Tax Commissioner will consider the public purpose of the tax amnesty law when interpreting and applying its provisions. There will be no waiver unless and until there has been a payment in full of tax liabilities in return for the waiver.

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