Multistate Tax Commission

Taxation in the United States of America
This article is part of a series on

Federal taxation Alternative minimum tax Capital gains tax Corporate tax Estate tax Excise tax Gift tax Income tax Payroll tax Internal Revenue Service (IRS) Internal Revenue Code (IRC) IRS tax forms Revenue by state History Constitutional authority Taxpayer standing Court Protest Evasion
State and local taxation State income tax Property tax Sales tax Use tax Land value tax State tax levels
Federal tax reform Automated payment transaction tax 9–9–9 Competitive Tax Plan Efficient Taxation of Income FairTax Flat tax Hall–Rabushka flat tax Kemp Commission Taxpayer Choice Act USA Tax Value added tax
United States portal

The Multistate Tax Commission (or MTC) is a United States intergovernmental state tax agency^[1] created by the Multistate Tax Compact in 1967.^[2] As of 2011, 47 states are members of the Commission in some capacity.^[3] Commission members, acting together, attempt to promote uniformity in state tax laws. Its actions do not have the force of law, and member states may opt not to follow its recommendations.

States require purchasers of goods who claim exemption from sales tax to provide certification to the seller of such exemption. The Commission has developed a Uniform Sales and Use Tax Exemption Certificate used by most states.

The Multistate Tax Compact^[4] provides that the MTC may conduct audits of taxpayers on behalf of those states specifically authorizing such action. The Compact also provides definitions of terms that may be used by states in writing their tax laws.

References

↑ The United States is a federal republic with autonomous state governments. Each state is free, within certain constraints, to adopt its own system of taxation.
↑ Multistate Tax Commission website.
↑ The District of Columbia is also member; only Delaware, Nevada, and Virginia are not members.
↑ As of 2010, 19 states and the District of Columbia had adopted the compact as part of their laws. Archived January 6, 2011 at the Wayback Machine

This article is issued from Wikipedia - version of the Monday, February 01, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.

Multistate Tax Commission

See also

References