OK HB2380

Authorizes Oklahoma Tax Commission to establish Voluntary Disclosure Initiative allowing taxpayers to voluntarily file delinquent tax returns and pay taxes owed with waiver of penalties, interest, and collection fees during September 1, 2017 through November 30, 2017.

Eligible taxes include mixed beverage tax, gasoline and diesel tax, gross production and petroleum excise tax, sales tax, use tax, income tax (for periods ending before January 1, 2016), and withholding tax.

Limits assessment period to three years for annually filed taxes or thirty-six months for non-annual filing taxes, and requires taxpayer to continue tax payment or remittance for one year after participation to maintain waiver.

Establishes tax compliance education program requiring Tax Commission teams to conduct visits to nonresidential retail businesses to verify permit compliance, verify tax reporting accuracy, and provide education on state tax responsibilities without disrupting business operations.

Amendments to Section 256 authorize Tax Commission to expend funds and contract with third parties for public advertising of tax assistance programs and education services, including advertising on social networking services.