The 2012-2013 Ohio budget bill, signed by the governor on June 30, 2011, contains a tax amnesty program for certain delinquent state and local taxes, including sales and use taxes, corporate franchise tax, commercial activity tax, estate tax, motor fuel taxes, cigarette taxes, school district income taxes, and tangible personal property taxes.
The tax amnesty program runs from May 1, 2012 through June 15, 2012 and applies to taxes which were due and payable as of May 1, 2011.
The tax amnesty program is not available for any tax for which a taxpayer has received an assessment notice, audit notice or tax bill.
Under the program, taxpayers who pay the full amount of the qualifying delinquent taxes owed and one-half of any accrued interest will have all applicable penalties and the other one-half of the accrued interest abated. The program also shields taxpayers from any criminal prosecution or any civil action with respect to the tax paid.