The DMA Way

Completely Compliance- MTC Voluntary Disclosure Program

by DMA Staff | Oct 06, 2017
Completely Compliance Click-through and Affiliate Nexus Updates
There is a multi-state VDA program for online marketplace sellers using marketplace providers/facilitators. The program is being offered as a way to get ahead of potential “economic nexus” changes that are anticipated in the event that Quill V. North Dakota is overturned by the Supreme Court of the United States. The ongoing Multi-state Tax Commission (MTC) National Nexus Program is a unique, limited voluntary disclosure initiative that opened on August 17, 2017 and closes on October 17, 2017. The program’s aim is to persuade remote sellers who use a “marketplace provider/facilitator,” such as Amazon’s “Fulfillment by Amazon” program, to register and begin collecting sales tax in the participating states. In exchange, 18 of the 24 participating states will waive all past penalties, and most will waive all tax liabilities and interest as well. Be sure to review the MTC initiative’s information page as there are specific eligibility criteria and state specific requirements for participation.

SU Compliance Newsletter 4Q2017 v5