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Virginia: Amnesty
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Under the terms of the Virginia Tax Amnesty Program, the Commonwealth’s first such program since 1990, individuals and businesses that owe certain state taxes may qualify to have their existing penalties and half of their accrued interest waived, provided that the taxes and the other half of the interest are paid during the amnesty period. If delinquent taxpayers do not take advantage of the amnesty, they will be assessed an additional 20 percent penalty on the taxes owed.
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Added: Mon Aug 18 2003
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