Massachusetts S2027 amends tax law to allow settlements of tax liability under certain conditions.
Massachusetts S2027 amends Chapter 62C of the General Laws to allow the commissioner to settle tax liability under specific conditions. A settlement can occur if there is doubt about the liability, doubt about collectability, or if it promotes effective tax administration. The taxpayer must be in compliance with filing requirements for all tax years. The commissioner may require a future compliance period of up to three years. The commissioner must establish guidelines to determine if an offer is adequate and should be accepted.
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