Alaska Application for Voluntary Disclosure Instructions

Application for Voluntary Disclosure Instructions
Form 6750i
Instructions for Form 6750 Alaska Application for
Voluntary Disclosure
Introduction

The purpose of the Department of Revenue’s (DOR) Voluntary
Disclosure Program (VDP) is to encourage corporations and other
business entities that may have incurred an unpaid Alaska income
tax liability and/or have an unfulfilled tax return filing requirement
to disclose their liability voluntarily. Qualified business entities that
choose to participate in the VDP will be required to disclose their
Alaska tax liability only for the immediately preceding five income
years. DOR may waive penalties associated with the return filings.

General Information
AS 43.05.010 and AS 43.05.080 permit the DOR to enter
into voluntary disclosure agreements with any qualified
business entity in order to obtain voluntary compliance
with the tax laws of the State of Alaska. Qualified business
entities that participate in the VDP are required to file returns
for the five income years ending immediately prior to the
date the agreement is signed. DOR may waive penalties
associated with the return filings. As part of the agreement,
DOR will waive its authority to assess taxes, additions to
taxes, or penalties for the income years ending prior to
the five income years covered by the voluntary disclosure
agreement.
Qualified Business Entities

Only qualified business entities are eligible to participate in the
Voluntary Disclosure Program. A “qualified business entity” is an
entity that meets all of the following criteria. It must:
• Be a corporation, entity taxed as a corporation, S corporation,
partnership, or limited liability company;
• Have never filed a return with the DOR;
• Have not been the subject of an inquiry by the DOR with
	 respect to liability for income taxes; and
• Have voluntarily come forward, prior to any unilateral contact
from the DOR, and completed both an application for voluntary
disclosure agreement and a full and accurate statement of its
activities in Alaska for the five immediately preceding taxable
or income years.

Penalties Waived

If the qualified business entity fully complies with the voluntary
disclosure agreement, the DOR may not assess any or all of the
following penalties for the income years covered by the agreement:
•	 AS 43.05.220(a) – failure to make and file a return;
•	 AS 43.05.220(a) – failure to pay tax;
•	 AS 43.05.220(b) – negligence or intentional disregard;
•	 Internal Rev. Code §6655 failure to pay estimated tax;
• 	Internal Rev. Code §6698 – failure to file a partnership
	 return; and/or
• Internal Rev. Code §6699 – failure to file an S	 corporation return.

Violation of the Agreement

Certain events will nullify the voluntary disclosure agreement if the
qualified business entity:
•	 misrepresents material facts relevant to the agreement;

•

fails to file returns or pay taxes for the periods covered by the
agreement;
•	 reneges on an installment payment arrangement;
• understates the tax liability for any year covered by the
agreement and cannot show good faith effort to accurately
compute the tax liability; or
•	 fails to continue to comply with Alaska tax law.

Common Forms

Form 6000 Corporate Net Income Tax Return (standard)
Form 6100 Oil & Gas Corporate Net Income Tax Return	
Form 6900 Partnership Information Return
You may download, view, and print Alaska income tax forms and
publications listed above. Our internet address is:
www.tax.alaska.gov
You may call the number below or send an email request if you
would like the forms sent to you by mail.
Need Help? Contact us at 907-269-6620 or email
[email protected].

Instructions for Filing Form 6750 Application for
Voluntary Disclosure
Completing the Form

Qualified business entities that choose to participate in the
Voluntary Disclosure Program must use Form 6750, Application
for Voluntary Disclosure, to apply. To remain anonymous, program
applicants may have a representative contact the Department of
Revenue. Company representatives should not reveal the name
of the company or any information that could readily identify the
company to the DOR until the agreement is executed. DOR will
assign program applicants an identifying number, such as VDA
16-01, which should be used in subsequent correspondence once
DOR receives the application.

Part I

Enter the name, address, and phone number of the qualified
business entity’s representative. The representative must be
authorized to represent the entity in the Voluntary Disclosure
Program. Note: You are not required to disclose the name, address
or telephone number of the entity choosing to participate in the
VDP on the application. The entity may remain anonymous until
the agreement is executed.

Part II

1. Indicate the type of business entity applying to participate in the
Voluntary Disclosure Program.
2. State each tax year to be covered by the agreement.
3. Answer the questions in Part II. If the entity answers yes to
any of the questions in Part II, stop. The entity does not qualify to
participate in the Voluntary Disclosure Program.

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Part III

Include the following information in Exhibit 1:
•	 a description of the entity’s business activities;
•	 the facts giving rise to the offer to enter into the Voluntary
Disclosure Program;
•	 the settlement terms proposed; and
• 	 the number of corporate partners or members if the entity
applying for VDP is an LLC or is a partnership. Note: partnerships
or LLCs that have only individual partners/members, are not
required to file in Alaska and are not eligible to participate in the
VDP.

Part IV

On Exhibit 2, include a statement with your estimate of taxes
due. Show the estimate by year, along with the accompanying
computations.

Part V

An authorized representative must sign the application.
The Department of Revenue will contact the representative if
additional information is required. DOR may accept the entity’s
proposed settlement, modify the proposed settlement, or reject the
proposed settlement based on the information available.
If DOR determines that there are any material misstatements
of fact or tax liability, or the entity fails to file any returns or pay
any tax as required by the agreement, the voluntary disclosure
agreement will be null and void.
Note: At present, the VDP is only available for corporate net
income tax.

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