A taxpayer who has not received a written notice of an audit, determination of tax liability or assessment, may seek disclosure of tax liability by filing a written application with the local tax administrator for a voluntary disclosure of the taxpayer's liability pertaining to a particular tax. A taxpayer filing such an application must agree to pay, before the filing date of the application, the amount of tax due plus 1% interest per month, for all periods prior to the filing of the application, but not more than four years before the date of filing the application. Except for the amount of tax and interest due under this section, a taxpayer filing a valid voluntary disclosure request may not be liable for any additional tax, interest, or penalty for any period before the date the application was filed. If the taxpayer incorrectly determined and underpaid the amount of tax due, the taxpayer is liable for the underpaid tax along with applicable interest on the underpaid tax, unless the underpayment was the result of fraud on the part of the taxpayer, in which case the application shall be deemed invalid and void. The payment of tax and interest must be made by no later than 90 days after the filing of the voluntary disclosure application or the date agreed to by the local tax administrator. However, any additional amounts owed as a result of an underpayment of tax and interest previously paid under this section must be paid within 90 days after a final determination and the exhaustion of all appeals of the additional amount owed or the date agreed to by the local tax administrator, whichever is longer.
(Ord. 00-25, passed 2-5-01)