Texas ~ Multiple Taxes: Fresh Start Amnesty Announced

The Texas Comptroller of Public Accounts has issued a notice to taxpayers announcing the Fresh Start tax amnesty, which applies to businesses that owe sales tax, franchise tax, or other state and local taxes and fees administered by the comptroller. During the amnesty period of June 12 through August 17, 2012, taxpayers can avoid penalties and interest by filing or amending reports and paying any overdue taxes. The amnesty does not cover amounts originally due after April 1, 2012, underpaid tax returns (i.e., previously reported tax that was not paid), or taxes owed for filing periods that businesses have in audit. The comptroller has posted details on the Fresh Start tax amnesty at http://www.freshstart.texas.gov.

Notice, Texas Comptroller of Public Accounts, March 15, 2012

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Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

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