MASSACHUSETTS DEPARTMENT OF REVENUE REGULATION FACT SHEET

TITLE: 830 CMR 62C.30A.1: Changes in Tax Due to Any Other United States or Canadian Jurisdiction

SUMMARY OF REGULATION:

830 CMR 62C.30A.1 describes the requirements and procedures for a Massachusetts resident taxpayer to report and adjust the tax due to the Commonwealth after a change in tax due to any other United States state, territory or possession or the Dominion of Canada or any Canadian province, when such tax was or may be the basis for a credit claimed by the Massachusetts resident taxpayer under G.L. c. 62, § 6 (a). This Regulation, in particular:

  • defines relevant terms
  • explains how and when G.L. c. 62 taxpayers must report a state change giving rise to an increase in Massachusetts tax liability
  • explains the date of an assessment with respect to a state change, and the amount of the assessment
  • explains how taxpayers may offset (reduce) additional taxes due
  • explains how and when taxpayers may apply for an abatement if a state change leads to a reduction in Massachusetts tax liability
  • explains how the Commissioner may offset the abatement requested
  • explains the application of penalty and interest for taxpayers failing to submit a required report of state change

REASON FOR REGULATION:

To interpret and explain the application of a new statute, G.L. c. 62C, § 30A.

REGULATORY HISTORY:

New Regulation Promulgated: 11/3/06

PREPARED BY:

Massachusetts Department of Revenue
Rulings and Regulations Bureau
100 Cambridge Street, 7 th floor
Boston, Massachusetts 02114
(617) 626-3250
FAX: (617) 626-3290