Virginia has issued rules and guidelines for its upcoming tax amnesty program. The 2009 Virginia Tax Amnesty program will run from October 7, 2009 to December 5, 2009 and will generally apply to any taxes administered or collected by the Virginia Department of Taxation. Penalties and one-half interest will be waived for all eligible amnesty tax assessments and delinquent return liabilities provided full payment of the tax and one-half interest is made. In order to qualify, tax bills must be related to an amnesty eligible tax type and period and have an assessment date on or before July 9, 2009, while returns must be applicable to an eligible tax type and period. With respect to amnesty eligible bills with an assessment date on or before July 9, 2009, payments must be postmarked by December 5, 2009. For delinquent tax returns, taxpayers are required to file by December 5, 2009 all relevant tax returns and associated documentation, and pay the tax and one-half of the interest that’s due by December 5, 2009, or within 30 days of the date the assessment was issued, whichever is later. The Department has also noted that if delinquent taxpayers do not pay their tax bill by December 5, 2009, they will be charged full interest and an additional 20 percent penalty for late taxes. (Ruling of Commissioner, P.D. 09-40, Virginia Department of Taxation, September 28, 2009; Press Release, Office of Virginia Gov. Tim Kaine, September 28, 2009)