Legal Alert: D.C. Proposes to Extend Deadline for Combined Reports


In the latest step to fine-tune the implementation of the District of Columbia’s mandatory unitary combined reporting statute, the Office of Tax and Revenue (OTR) has issued a taxpayer-friendly proposed regulation that would provide an automatic seven-month extension for calendar and fiscal year combined reporting filers. Prop. D.C. Mun. Regs. 9 § 176.1 (June 14, 2013). The automatic seven-month extension applies to tax years beginning after December 31, 2010, and applies to all final zero returns. Id. Combined reporting filers must request the automatic seven-month extension on or before the due date of the return and must pay any tax due by the original due date. Prop. D.C. Mun. Regs. 9 § 176.2 (June 14, 2013). Unlike prior extensions, the new extension applies equally to calendar and fiscal year taxpayers (see OTR Notice 2012-07 (Sept. 7, 2012), which gave calendar-year taxpayers an extension for only the first year of combined reporting).

This latest extension for combined reporting filers is meant to give taxpayers 30 days after the due date of their federal return to file a District return. The transition from separate reporting to mandatory unitary combined reporting–which took effect for tax years beginning on or after December 31, 2010–resulted in more complex filings for taxpayers...

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sutherland Asbill & Brennan LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.