Key Points from Delaware’s February 2020 VDA Invitation –
• Delaware's Secretary Of State Voluntary Disclosure Agreement ("VDA") invitations mailed out in February 2020 have been granted a response extention.• Responses are now required by July 18, 2020.• These extension only apply to companies that received the VDA invitation in February 2020.• Recipients of this letter may include
California Decides Against Amnesty
The California State Controller’s Office (“SCO”) has been researching options for increasing Holder compliance to their unclaimed property reporting requirements for about a year. One of the options was to offer Holders an Amnesty Period that would waive any interest or penalties on any property reported past due. Numerous
California Amnesty Update II – stayed tuned…..
California's Governor recently signed the Budget Act of 2019 (SB 109). Within the Act, there is a provision which requires the Controller to provide the Joint Legislative Budget Committee and the chairpersons of the fiscal committees in each house of the legislature with a report on plans to provide for