Voluntary disclosure agreement or "agreement" means a written agreement that complies with this act.
Voluntary disclosure agreement means a document used in a voluntary disclosure program designed for eligible taxpayers with exposure for tax liability and/or civil penalties arising from a failure to report and/or pay all Taxes due which allows the taxpayer to come into voluntary compliance.
Voluntary disclosure agreement means an agreement between any Acquired Company, as applicable, and any Taxing Authority pursuant to which any Acquired Company, as applicable, has voluntarily disclosed and agreed to pay to such Taxing Authority any State Income Taxes.
Examples of Voluntary disclosure agreement in a sentence
The Department may enter into a Voluntary Disclosure Agreement with a taxpayer.
If the taxpayer discloses to the Department that it owes Municipal Taxes to City/Town, the Department shall notify City/Town of the Department’s intent to enter into a Voluntary Disclosure Agreement and the Department shall provide the taxpayer’s identity within thirty (30) calendar days of the identity being disclosed to Department.
A Voluntary Disclosure Agreement may limit the years subject to audit and waive penalties.
City/Town may subsequently request an audit of a taxpayer subject to a Voluntary Disclosure Agreement pursuant to Section 5.3 of this Agreement.
More Definitions of Voluntary disclosure agreement
Voluntary disclosure agreement means, with respect to any Designated State, an agreement between the Company or any Subsidiary and such Designated State or the applicable taxing authority in such Designated State pursuant to which the Company or any Subsidiary has voluntarily disclosed and agreed to pay to such Designated State applicable sales taxes (including any interest and penalties) with respect to any Pre-Closing Tax Period.
Voluntary disclosure agreement or “agreement” means the entirety of the written agreement between a person and the department.
Voluntary disclosure agreement includes any agreement, compromise, managed audit, administrative determination or similar proceeding whereby a United States state or local Governmental Authority responsible for the collection of sales and use Taxes, or Taxes of the type, or comparable to the type, referred to in the Olivier Report, agrees to allow a settlement amount pursuant to a voluntary compliance program with respect to such Taxes.
Voluntary disclosure agreement has the meaning set forth in Section 9.8(a).
Voluntary disclosure agreement means an agreement entered into or executed between a Governmental Authority and Seller, whereby Seller is accepted into the Voluntary Disclosure Process with such Governmental Authority.
Voluntary disclosure agreement shall have the meaning assigned to it in Schedule 7.2(a).