Get a fresh start from June 15 to August 15, 2007, when the Comptroller offers a unique, limited-time waiver of penalties and interest.

Need a fresh start? You do if you find yourself with past-due tax reports and delinquent taxes. From June 15 to August 15, 2007, the Comptroller is offering a unique waiver of penalties and interest for taxpayers who underreported or are not yet permitted for tax.

The amnesty is available for all state taxes administered by the Comptroller, except unclaimed property and the Public Utility Commission gross receipts assessment. Eligible liabilities can relate to sales or purchases of taxable items.

Reports originally due before April 1, 2007, are eligible for this limited-time amnesty. It does not, however, apply to assessments already identified by the Comptroller, taxpayers currently under audit or review, or taxpayers the Comptroller has already contacted about an audit or possible deficiency.

• Didn't file tax reports, or report or pay tax due? Simply file the reports and pay the tax.
• Made an error on a previously filed report that resulted in underpaid taxes or additional tax due? Just file an amended report.
• Don't have a permit for collecting and remitting Texas taxes? If you have a tax collection responsibility, you must register.
• Didn't pay the full amount due for all reports or amendments filed? This is your chance.

If you fail to take advantage of this opportunity, you will be responsible for all taxes, penalties and interest. Penalties can be as high as 60 percent of tax due, plus interest.