MO SB465

Creates a tax amnesty program for unpaid taxes administered by the Department of Revenue under chapters 32, 143, 144, and 147, waiving all penalties, additions to tax, and interest on payments made from August 1, 2013 to October 31, 2013

Applies only to tax liabilities due on or before December 31, 2012, and excludes taxpayers involved in criminal investigations or pending civil/criminal litigation related to tax nonpayment, delinquency, or fraud

Requires taxpayers to file tax returns for each taxable period, pay the entire balance by October 31, 2013, and comply with state tax laws for eight years following the amnesty agreement or all waived penalties and interest become immediately due

Participation constitutes an express relinquishment of all administrative and judicial rights of appeal, and no amnesty participant may participate in any future amnesty program for the same tax

Takes effect July 1, 2013 and expires December 31, 2021, with the emergency clause allowing immediate implementation upon passage and approval