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Bill would let businesses use CPA affidavit instead of full financial disclosures for local occupation taxes
2256728 · February 10, 2025
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Summary
Representative Montahan said the bill would allow a certified public accountant affidavit in place of detailed financial records when businesses report gross receipts for local occupation taxes, addressing proprietary and cybersecurity concerns.
Representative Montahan introduced a bill (substitute to House Bill 141, LC443011-S) to permit businesses to submit a certified public accountant affidavit in lieu of full internal financial statements when reporting gross receipts for local occupation-tax calculations.
The sponsor said the change would…
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