MTC Extends Tax Amnesty Deadlines

The Multistate Tax Commission (MTC) extended both the application and registration deadlines for its voluntary disclosure initiative for online marketplace sellers. The tax amnesty initiative provides relief from tax liability, interest, and penalties for sales and use tax, income/franchise tax, or both.

Tax Amnesty Application

Due to the large number of applicants and MTC staffing limitations, the application deadline has been extended to November 1, 2017. The original application period ran from August 17, 2017, to October 17, 2017.

Registering With State

Further, taxpayers filing a timely application are now allowed 30 days after receiving notice that the taxing state has signed a voluntary disclosure agreement to register with the state. Previously, a taxpayer applying for relief  was required to register with the taxing state no later than December 1, 2017.

Emergency Meeting, Multistate Tax Commission Nexus Committee, October 11, 2017

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CCHTaxGroup

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