City of Philadelphia Tax Amnesty Program Underway- nearly 1,000 outstanding tax accounts for Delaware

For the first time since 1986, the City of Philadelphia is offering individuals and businesses delinquent in paying city taxes an opportunity to settle up on what they owe. The City has tax delinquents in almost all of the 50 states with the highest concentration in Pennsylvania, New York, New Jersey, Delaware and Florida. While not a “free pass,” those who participate in, and qualify for, the Philadelphia Tax Amnesty program will have all of their tax penalties waived, as well as pay only half the interest owed. However, time is of the essence, as the Philadelphia Tax Amnesty period is only available for 54 days, May 3, 2010 – June 25, 2010.

Keith Richardson, Commissioner of the City of Philadelphia Department of Revenue, highlighted the following key points of the Philadelphia Tax Amnesty Program:

What it is: A limited-time program that allows individuals and businesses who owe Philadelphia back-taxes to come forward and clear up their debts.

Duration: 54 days, beginning on May 3, 2010, and ending on June 25, 2010 at 11:59PM

Eligibility: Anyone who lives, works, owns property, or does business in the City of Philadelphia and owes outstanding taxes to the City is eligible to participate

Ineligibility: Anyone who is a subject of a criminal investigation or is a defendant in a criminal complaint related to City or School District of Philadelphia taxes, or who has participated in a prior Philadelphia Tax Amnesty program is not eligible to participate

Years covered: Tax liabilities to the City of Philadelphia incurred from February 1, 1986 to June 30, 2009

Further details on Philadelphia Tax Amnesty, including what taxes are included and how to participate are available by calling 1-877-645-4108 or online at www.PhillyTaxAmnesty.com.

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