A Brighter Way
A Brighter Way
Because the legislation creating Ohios use tax amnesty program recently became law, many details have not yet been worked out about how this program will be administered.
The Ohio Department of Taxation is expected to establish an application process that taxpayers must complete. Its expected to be relatively short and will contain taxpayer identifying information, some eligibility questions and then the disclosure section. The program may be administered through the existing Ohio Business Gateway or may have some paper submission components.
The use tax payment plan is also being devised. Early indications point to a minimum payment requirement to restrict the availability of the full payment plan. In other words, if you owe $100,000 in use tax, you may be able to stretch that over the full seven years permitted by the new law. However if you owe just $1,000, you may have to pay that in a much shorter timeframe.
Various details are still being worked out, including specific guidance on eligibility. If you were not under audit in early July 2011 and you do not have a current use tax account, you would be eligible. If you had an audit in process (you were informed you would be audited all the way to paying the final bill), stay tuned for additional guidance that should be coming soon.
More detailed information about participation in Ohios use tax amnesty program will be posted on this web page as it becomes available, but you can also contact us for updates.
