Pennsylvania offers voluntary tax compliance program for retailers with inventory in the state
The Pennsylvania Department of Revenue is currently offering a Voluntary Compliance Program that is set to run through June 8, 2021. This program is intended for “any business that has inventory or stores property in Pennsylvania but is not registered to collect and pay Pennsylvania taxes.” Participating taxpayers will not be liable for taxes owed prior to Jan. 1, 2019, and will also be provided with penalty relief for “any non-compliance of past due tax returns that were not filed and taxes that were not paid.”
How does the program work?
To participate in the Voluntary Compliance Program, a business must complete the online Physical Presence Business Activity Questionnaire (BAQ), or may print and complete a .pdf paper version of the Questionnaire, which can be emailed to email@example.com or faxed to 717.425.2952.
The Department will review each application and will contact the business “to discuss how to become compliant.” Penalties will be abated after the business has registered, filed any tax returns past due, and remitted payment of past due taxes. Penalty relief “is conditional on the business continuing to maintain tax compliance with the Department,” the Department states.
Any advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues. Nor is it sufficient to avoid tax-related penalties. This has been prepared for information purposes and general guidance only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice specific to, among other things, your individual facts, circumstances and jurisdiction. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Alerts and Webinars
InsightNew York City’s Commercial Rent Tax (CRT): A refresherCorey L. Rosenthal, Jamie Kelly, Leon YaoLearn who is subject to the tax; how its regular and small business tax credits work; who is exempt in two specified zones; and more.
InsightNew Jersey tax legislation adopts federal partnership audit regime, eliminates state S-ElectionHarry GolematisThe new state tax legislation, passed in late December 2022, also ended certain COVID-related suspensions. Read more.
InsightCannabis SALT Shaker: State and local developments in tax and more (Q4 2022)Krista Schipp, Cassandra Baubie, Jamie KellyRead about developments and trends in cannabis legalization, licensing, CBD taxation, and more. States featured: NY, IL
InsightFlorida court reaffirms the state’s cost-of-performance sourcing for the sale of servicesJohn Iannotti, James GaulA new ruling in Florida’s court has essentially reverted legislation concerning the state’s cost-of-performance sourcing for the sale of services back to the original language of the regulation. Read more.