On June 27th, Governor Ayotte signed into law HB 2, which includes a tax amnesty. Section 358 of Chapter 141 establishes an amnesty for “taxes administered and collected” by the DRA with respect to “all penalties and interest exceeding 50 percent of the applicable interest.” The amnesty applies to “unpaid taxes reported and paid in full between December 1, 2025, and February 15, 2026, regardless of whether previously assessed.” The amnesty applies to taxes “due but unpaid on or before June 30, 2025.”
The legislation takes a “carrot and stick” approach by also stating that the Commissioner may consider the failure to pay such amounts during the amnesty “as a factor when abating or not abating any interest and penalty for good cause or other reasons.” Taxpayers should monitor further guidance from DRA as to the details of the amnesty.
For further information, please contact Kathryn Bibbo
