Corporate,
Tax
Jan. 10, 2018
SB 813: Expanded Voluntary Disclosure Program
Senate Bill 813 expands California's Voluntary Disclosure Program and is codified at Cal. Rev. & Tax. Code Sections 19191- 19192. It is predicted to lower tax revenue by $100,000 annually.
The California Franchise Tax Board sponsored Senate Bill 813, which took effect Jan. 1, 2018. SB 813 expands California's Voluntary Disclosure Program and is codified at Cal. Rev. & Tax. Code Sections 19191-19192. It is predicted to lower tax revenue by $100,000 annually.
The program solves a dilemma that frequently plagues taxpayers who have failed to file or pay their taxes, sometimes for years. They could come forward. If th...
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