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Multistate Tax Commission establishes special voluntary disclosure initiative for online marketplace sellers (Updated)

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The Multistate Tax Commission, through its National Nexus Program, will offer a special voluntary disclosure initiative for certain online marketplace sellers that have inventory in a fulfillment center or warehouse operated by a marketplace provider in nineteen participating states. Under the initiative, which will run from Aug. 17, 2017, through Nov. 1, 2017, participating states will offer relief from back tax liability for sales and use taxes as well as income and franchise taxes, in exchange for prospective tax compliance.