Form Ftb 4827 - Withholding Voluntary Compliance Program Application Page 3
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4Withholding Voluntary Compliance Program
Application Instructions
Eligibility Requirements
Purpose
All withholding agents are eligible, except if the withholding
Franchise Tax Board (FTB) offers eligible withholding
agent:
agents an opportunity to voluntarily come into compliance
• Participated in the 2008 Nonresident Withholding
with California’s nonwage withholding requirements.
Incentive Program.
• Has been audited by FTB for nonwage withholding.
General Information
• Has ever been assessed a withholding liability or
We base FTB’s withholding requirements on California
information return penalty for nonwage withholding.
Revenue and Taxation Code (R&TC) Sections 18662
to 18668. For detailed information on the withholding
Confidentiality
requirements, refer to FTB Pub. 1016, Real Estate
Withholding Guidelines, and FTB Pub. 1017, Resident and
FTB will keep the Agreement confidential and will not
Nonresident Withholding Guidelines, or go to ftb.ca.gov
disclose any Agreement terms or conditions to any other
and search for withholding.
state or governmental tax authorities, except as provided
under R&TC Section 19551, as required by law.
The Withholding Voluntary Compliance Program (WVCP)
is a voluntary program for eligible withholding agents to
remit past-due, nonwage withholding for the previous two
Who Must Sign
calendar years, plus interest. We cannot waive interest.
By signing this Application, you acknowledge the
Nonwage Compensation Examples
withholding agent is eligible for the WVCP and all
• Real estate transactions
information presented is true, correct, and complete to
the best of your knowledge. This Application only covers
• Interest and dividends
• Rents and royalties
the approved parties and calendar years requested and
• Prizes and winnings
subsequently listed in the WVCP Agreement.
• Premiums and annuities
If you submit the Application on behalf of the withholding
• Compensation for personal services
agent, you must be authorized by the Applicant to execute
• Other fixed or determinable annual or periodic gains,
the WVCP Application.
profits, and income
If you are a representative, you must have a valid Power of
Attorney on file with us or submit one with this Application.
General Terms of Agreement
If the Applicant directly employs you, provide your
corporate title to indicate your authority to sign on behalf of
If we accept the Application, the Applicant enters into
the Applicant.
an Agreement with us for the requested and approved
calendar years. In addition, the Applicant agrees to the
Paid Preparer
following:
1. Pay past-due withholding amounts, including interest.
A paid preparer must sign FTB 4827, Withholding
2. Comply with California's nonwage withholding
Voluntary Compliance Program Application, in Part 6,
requirements going forward.
Applicant Signature, and complete the following
3. Make all books and records available to us, upon
instructions:
reasonable notice, to verify the withholding liability
If...
Then...
And...
calculation the Applicant includes in the Application.
•
•
Preparer was
Complete Part 2,
Sign the paper
In exchange for the withholding agent coming forward
paid to prepare
Representative
Application.
voluntarily, FTB agrees to:
the Application,
Information. (Page 1).
•
Give the
• Waive information return penalties for the required look-
but was not an
•
Enter your Preparer
withholding agent
back period.
employee of the
Tax Identification
a copy of the
• Eliminate withholding audits prior to the look-back
withholding agent.
Number (PTIN).
Application you
period.
(Page 2).
mail or fax to us.
• Limit the unpaid withholding liability to the look-back
• Enter the firm
Preparer is
(Pages 1 and 2
period, plus interest.
employed by a tax
name, address, and
are required
If the Applicant fails to comply with the terms of the
preparation firm.
Federal Employer
documents.)
Agreement or if additional information becomes available
Identification Number
to indicate the information reported is not complete or
(FEIN). (Page 1).
accurate, FTB will void the Agreement. The terms of
•
Enter your Preparer
this Application and Agreement only cover withholding
Tax Identification
compliance audits performed by the Withholding Services
Number (PTIN) (not
and Compliance Section and do not cover tax returns or
your employer’s
audits performed by other sections within FTB.
PTIN). (Page 2).
FTB 4827 (NEW 06-2013) C2 PAGE 3
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