Atlanta Mayor Kasim Reed announced Wednesday the launch of a new business tax amnesty plan that will last from May 15 to June 30, 2013. The announcement came via a press release at the end of the business day.
The program will provide a six-week grace period and full waiver of all penalties, late fees and interest payments for unregistered businesses that are currently operating without a business license.
"We are committed to helping businesses succeed in Atlanta, and this new amnesty program will make it easier for existing and new businesses to operate," said Reed. "By offering a six-week waiver of fines and penalties, those businesses that do not have a license will now have the ability to come into compliance with the law without being penalized."
Unregistered businesses eligible for this Business Tax Amnesty include:
• Residential-based businesses
• Independent contractors
• Sole proprietorships
The Business Tax Amnesty covers occupational tax liability for unregistered businesses over the four-year statute of limitation period.
The city will resume its Revenue and Tax Compliance program and reinstate the application of penalties, late fees, and interest on July 1, 2013.
Businesses that take advantage of the amnesty program will not have to pay penalties, late fees and interest which includes a 10 percent "Failure to Pay," a 1.5 percent monthly accrued interest and $500 "Failure to File" per year.
Unregistered businesses seeking to take advantage of the Business Tax Amnesty program can download the Business Tax Application for Multiple Years on the city's website.
Businesses can also call the Office of Revenue, Customer Service at 404-330-6270 for additional details about the program or to talk through special circumstances.
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