Many companies have ties to Georgia and work in Georgia for many years without the recovery of state sales and use ssteuer by Georgia customers, employers transferring taxes at source, and/or paying net taxes on income and value. Richard Litwin assists businesses (1) in determining whether the company is responsible for Georgia`s taxes and, if so, (2) in determining whether the company is qualified for the Georgia Department of Revenue`s voluntary disclosure program. Under the protection of solicitor-client privilege and without disclosing the identity of the company, Richard Litwin contacted the Georgia Department of Revenue to request voluntary disclosure facilities covering (1) limited waiting times, depending on the type of tax and (2) the abandonment of civil and criminal penalties. Richard also represents companies that have collected taxes but have not paid taxes. These taxes include taxes that a company has withdrawn from customers or withheld from their employees, but have not been transferred to the Georgia Department of Revenue. Taxes include sales taxes and employer payroll taxes. To be eligible for the voluntary advertising program, the subject must meet two conditions: as noted above, the voluntary disclosure program is not limited to taxes on thieves. The program includes other taxes that an individual may owe to the Georgia Department of Revenue, including revenue taxes and income taxes on employers for whom the person is personally responsible. A voluntary disclosure agreement is a legal agreement between a state tax authority and a company that acknowledges that it has not complied with its compliance obligations with respect to sales and usage taxes.
The voluntary disclosure agreement will allow the company to make all necessary registrations within the state and fulfill all remaining tax commitments. At the end of the voluntary disclosure agreement program, the company has regular monthly, quarterly or annual reporting obligations with the government based on the volume of government activity. If a company`s voluntary disclosure agreement or VDA is accepted, there are strict deadlines for obtaining all the benefits of the Voluntary Disclosure Agreement program. Keep in mind that a voluntary disclosure agreement is a legal agreement between the company and the state. Therefore, there are very clear results that need to be provided by the company, as well as a rigorous schedule as to when these items should be made available. Like almost everything in revenue and usage tax, these deadlines vary from state to state, but an experienced VAT advisor will know these deadlines and will be assured that his client will meet them. In voluntary disclosure agreements, most states will allow a company to estimate its past commitments, which will simplify the process. With a few exceptions, Excel calendars for calculating tax liabilities are accepted instead of filing all previous VAT returns.
States are prepared to make these concessions to facilitate the process, as the main objective of states is to promote voluntary compliance with future and ongoing tax collection and reporting obligations. In short, the state is prepared to forego some formal revenues and even some to curb new taxpayers. There are several pitfalls that a company should follow when it has a voluntary disclosure agreement. The subject must come forward and request the VDA from a Member State before receiving requests, communications or audit notices from the State concerned.