Project Collect Tax Surpasses Goal; Collects $187.5 Million
RALEIGH -- The North Carolina Department of Revenue has collected
$187.5 million in back taxes during the last two years through its
Project Collect Tax initiative – surpassing its internal goal
by $37.5 million.
"Project Collect produced a lot of tax revenue in tough budget
times and it helped restore fairness in a system where a few taxpayers
were getting a free ride,” said Department of Revenue Secretary
Norris Tolson. “We have been able to help our state and do what
is best for North Carolina taxpayers by reducing the number of unpaid
Launched in August 2001, Project Collect Tax focused on collecting
overdue individual and business taxes with a goal of $150 million.
A new law approved by the General Assembly allowed the Department
to charge delinquent taxpayers a 20 percent fee that helped cover
the collection costs.
The total from all the Department’s collection initiatives
amounted to $531,629,051 for the two-year period.
Before Project Collect, attempts to collect from delinquent taxpayers
were often ignored. Project Collect allowed the Department to be more
active in the pursuit of taxpayers with a tax account at least 90
days past due.
During the two year period, the Department took other steps to increase
collections. A special team of employees was created to pursue difficult,
high-dollar collection cases. And in January 2002, the Department
unveiled the North Carolina Tax Debtors List – a list of corporate
and individual taxpayers who owe more than $5,000 in back taxes that
is featured on the Department’s
Public Affairs Office
P.O. Box 25000, Raleigh, NC 27640-0001
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Last modified on:
10/31/07 03:44:05 PM.