Instructions For Form 6750 - Alaska Application For Voluntary Disclosure printable pdf download

Instructions For Alaska Application for

Voluntary Disclosure

Where to Send Application

Introduction

The purpose of the Department of Revenue’s (DOR) Voluntary

Mail the application with attachments to:

Disclosure Program (VDP) is to encourage corporations and other

business entities that may have incurred an unpaid Alaska income

Tax Division

tax liability and/or have an unfulfilled tax return filing requirement

Alaska Department of Revenue

to disclose their liability voluntarily. Qualified business entities that

550 W. 7th Ave. Ste. 500

choose to participate in the VDP will be required to disclose their

Anchorage, AK 99501-3555

Alaska tax liability only for the immediately preceding five income

years. DOR may waive penalties associated with the return filings.

Common Forms for Corporate Income Tax

Form 6000

Corporation Net Income Tax Return (standard)

General Information

Form 6020

Corporation Net Income Tax Return (short)

AS 43.05.010 and AS 43.05.080 permit the DOR to enter into

Form 6100

Oil and Gas Corporation Net Income

voluntary disclosure agreements with any qualified business entity

Tax Return

in order to obtain voluntary compliance with the tax laws of the

Form 6150

Oil and Gas Corporation Net Income Tax

State of Alaska. Qualified business entities that participate in the

Return Under 15 AAC 20.241(c)

VDP are required to file returns for the five income years ending

immediately prior to the date the agreement is signed. DOR may

You may download, view, and print Alaska income tax forms and

waive penalties associated with the return filings. As part of the

publications listed above. Our website is:

agreement, DOR will waive its authority to assess taxes, additions

to taxes, or penalties for the income years ending prior to the five

income years covered by the voluntary disclosure agreement.

If You Need Help

Qualified Business Entities

If you have questions, need additional information or require other

Only qualified business entities are eligible to participate in the

assistance, call us at 907-269-6620 or email us at

VDP. A “qualified business entity” is an entity that meets all of the

dor.tax.disclosure@alaska.gov.

following criteria. It must:

Completing the Form

Be a corporation, S corporation, partnership, or limited liability

Qualified business entities that choose to participate in the VDP

company;

Have never filed a return with the DOR;

must use Form 6750, Application for Voluntary Disclosure, to

Have not been the subject of an inquiry by the DOR with

apply. To remain anonymous, a program applicant may have a

respect to liability for income taxes; and

representative contact the DOR. A company representative may

keep confidential the name of the company or any information that

Have voluntarily come forward, prior to any unilateral contact

from the DOR, and completed both an application for voluntary

could readily identify the company to the DOR until the agreement

disclosure agreement and a full and accurate statement of its

is executed. DOR will assign a program applicant an identifying

activities in Alaska for the five immediately preceding taxable

number, such as VDA 12-001, which should be used in subsequent

or income years.

correspondence once DOR receives the application.

Penalties Waived

Part I

If the qualified business entity fully complies with the voluntary

Enter the name, address, and telephone number of the qualified

disclosure agreement, the DOR will not assess any or all of the

business entity’s representative.

The representative must be

following penalties for the income years covered by the agreement:

authorized to represent the entity in the VDP. Note: It is not

AS 43.05.220(a) - failure to make and file a return;

necessary to disclose the name, address or telephone number of

AS 43.05.220(a) - failure to pay tax;

the entity choosing to participate in the VDP on the application.

AS 43.05.220(b) - negligence or intentional disregard;

The entity may remain anonymous until the agreement is executed.

AS 43.05.220(c) - fraud; and/or

Internal Rev. Code §6655 - failure to pay estimated tax.

Part II

1) Indicate the type of business entity applying to participate in

Violation of the Agreement

the VDP.

Certain events will nullify the voluntary disclosure agreement if the

qualified business entity:

2) State each tax year to be covered by the agreement.

misrepresents material facts relevant to the agreement;

fails to file returns or pay taxes for the periods covered by the

3) Answer the questions in Part II. If the entity answers yes to any

of the questions in Part II, stop. The entity does not qualify to

agreement;

reneges on an installment payment arrangement;

participate in the VDP.

understates the tax liability for any year covered by the

agreement and cannot show good faith effort to accurately

Note: At present, the VDP is only available for corporate net

compute the tax liability; or

income tax.

fails to continue to comply with Alaska tax law.

0405-6750i Rev 01/01/14 - page

Instructions For Form 6750 - Alaska Application For Voluntary Disclosure

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