MTC

Don’t Miss Out: MTC Extends Deadline to November 1st for Online Marketplace Voluntary Disclosure Initiative

Updating an earlier post, the Multistate Tax Commission extended the deadline for the Online Marketplace Seller Voluntary Disclosure Initiative to November 1, 2017 due to great response from remote vendors applying for the program. The original deadline was October 17, 2017. Remote sellers with potential liability should seriously consider this unique opportunity to come into... Read More

The Multistate Tax Commission offers the unique opportunity for online sellers to commence sales tax collection without fear of assessment for past periods.

The MTC has introduced the online marketplace voluntary disclosure initiative beginning August 17, 2017. This program allows online sellers that use a third-party facilitator to store inventory and fulfill sales outside its home state, such as Amazon FBA. The taxpayer must apply for the program between August 17 and October 17, 2017. Twenty three states... Read More