U.S. Streamlined Sales Tax Board Unveils 2027 Voluntary Disclosure Program for Remote Sellers

The Streamlined Sales Tax (SST) Governing Board has approved a new multistate voluntary disclosure program (VDP) targeting remote sellers with uncollected sales and use tax liabilities. This program will be available throughout 2027, from January 1st to December 31st, providing a window for businesses to come into compliance. Key features of the VDP include a general limitation on the lookback period for uncollected taxes to 24 months and the waiver of penalties and late-filing fees, subject to individual state laws. This initiative encourages businesses that may have inadvertently or historically failed to collect and remit sales and use tax in SST member states to regularize their tax position under more favorable terms. For multinational corporations and other businesses engaged in remote sales across the U.S., this program represents a significant opportunity to mitigate past sales and use tax exposure. It offers a structured and less punitive pathway to resolve historical non-compliance, thereby reducing potential financial liabilities and legal risks associated with state tax audits.