Overview
Diann Smith said Multistate Tax Commission audits have “not been efficient so far for taxpayers” who educate MTC auditors on their unique tax issues; “once the audit is turned over to the state, if the taxpayer disagrees with the MTC’s position, the taxpayer has to go through the education process again … with each specific state,” she continued. Stephen Kranz raised other questions about MTC audits: “Do they audit to the lowest common denominator of state law in each of the participating states, or is it the highest numerator, to coin a phrase? What is the law that the MTC will apply when they’re doing a multistate audit?”
