Tax & Accounting Blog

Ask The Expert: Rules & Requirements of Voluntary Disclosures

Indirect Tax, ONESOURCE, Sales and Use Tax September 4, 2013


What are Colorado’s rules/requirements related to voluntary disclosure of a sales tax reporting problem?

Answer from Nicole Huberty of ONESOURCE Indirect Tax:

States typically outline the details of voluntary disclosure programs on their Department of Revenue websites, and Colorado is no exception. Here is the link to the Colorado website:

On this website, you will find a guide to Colorado’s voluntary disclosure program as well as a sample voluntary disclosure agreement. Additionally, the website contains a guide to the statement of representations and inducements and an agreement for registration and payment of state taxes.