![]() ![]() The taxpayer must submit the following items: To enter into a Fast-Track VDA, a taxpayer must complete the Fast-Track Information on this webpage. If all criteria are met, the Comptroller’s office will proceed with the Fast-Track VDA for unpaid or underpaid tax and will process the reports and payment quickly, without review for additional taxes the business may owe. For other taxes, the taxpayer should submit returns. The taxpayer must complete a simple spreadsheet for sales and use tax with a breakdown of state and local taxes by report period. ![]() The VDA cannot include any refund claims (including letters of assignment) and may not ask for a letter ruling from tax policy. To qualify for a Fast-Track VDA, a taxpayer must meet all the current criteria for a VDA and have calculated the tax amount due up front. The tax data and payment of the voluntarily disclosed taxes are due within 60 days, as specified in the agreement. Identifying the business as part of the initial contact, while purely voluntary, streamlines the process further.Īfter the VDA is signed by both parties, BART will send the executed VDA with the applicable reporting forms. ![]() Once the signed VDA is returned to us and the taxpayer name has been disclosed, BART will complete the review process and obtain the signature of the Audit Division director. Once preliminary approval is obtained, BART will prepare a VDA and send it to the company representative. ![]() Submit the written request by email to or mail to:Īssuming the initial contact was made without naming the business involved, an examiner with BART will review the submission. Any additional information in support of the request.A request for a payment agreement, if desired, and statement that the business anticipates problems regarding full payment of the disclosed taxes.A statement indicating that the company has or has not collected but not remitted any Texas tax.A statement indicating that the company has or has not been contacted by the Comptroller about the tax type(s) for which a VDA is requested.Any taxes the entity is already set up for in Texas, and the taxpayer number.The tax type(s) for which a VDA is requested.Date the company began business in its home state and the date it began business activities in Texas.Brief description of the company’s business and its activities in Texas.Entity type (corporation, partnership, etc.).It is not necessary to name the company or client during the initial contact, but there is no harm to the client if it is disclosed at the beginning of the process. Process Traditional VDAĪ company representative initiates the VDA process by contacting the Business Activity Research Team (BART) in writing. For questions about unclaimed property VDAs, call 80 and choose option 2. You may also send the request via email to lookback period for an unclaimed property VDA is 10 years. A company representative or authorized employee can initiate the process, without naming the company if they choose, by contacting the Unclaimed Property Division in writing at: Unclaimed property holders who meet the criteria may enter a VDA with the Comptroller’s office. However, there is no limit on the lookback period for taxes collected and not remitted to the Comptroller’s office.įor questions about the VDA program, call 80. The Comptroller’s office will limit its review to reports due four years from the date the business initially contacts us. it has not received a notification of an audit or examination.Īll taxes and fees administered by the Comptroller’s office, other than IFTA, are eligible for a VDA.it has not been previously contacted by the Comptroller, either verbally or in writing, concerning a liability or estimated liability and.it has any liability for a tax or fee administered by the Comptroller’s office, other than taxes collected under the International Fuel Tax Agreement (IFTA).Statutory penalties and interest will be waived, except interest on taxes collected and not remitted. The program provides a taxpayer with the opportunity to pay these taxes voluntarily, with relief from penalties and, in most cases, from interest. In an effort to accomplish this objective, a Voluntary Disclosure Agreement (VDA) is available to taxpayers to report previously unpaid or underpaid taxes to the Comptroller’s office. The Texas Comptroller of Public Accounts is committed to promoting taxpayer compliance with Texas tax law. ![]()
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