The Act of March 27, 2020, P.L. ___, No. 10 (H.B. 1232) amends the Fiscal Code to eliminate all interest, penalties, or other additions to income taxes otherwise due on April 15, 2020, until July 15, 2020.
The Department of Revenue had previously announced that the due date for income tax returns and payments would be deferred to July 15, 2020, because the due dates of those returns were linked to the due dates of comparable federal income tax returns. This new legislation confirms that interest, penalties, and additions to tax will not be imposed during the period from April 15 to July 15, that the deferral applies to both tax payments due for 2019 and declarations and estimated tax payments for the first quarter of 2020 for individuals, estates, and trusts, and that in calculations of interest and penalties for payments after July 15 the period from April 15 to July 15 will be disregarded.
There is also language in the act about “coordinating” due dates for local income tax returns.
There does not appear to be anything in the act about inheritance tax returns or payments.