Tax Analysts is covering Mark Udinski's departure as State Escheator from Delaware. In today's article "Delaware Deputy Finance Secretary Assumes State Escheator Duties," author Maria Koklanaris quotes Patricia Barganier Thorn.
"For over nine years, Barganier would not recommend a Delaware voluntary disclosure for our clients due to a widely held belief that a voluntary disclosure would evolve into a full-blown audit. It is our hope that David Gregor will bring more balance into the voluntary disclosure and audit process and calm the concerns of many Fortune 500 companies incorporated in the state of Delaware."
The full article is available to subscribers of Tax Analysts. Visit their website at www.taxanalysts.com. Tax Analysts has published exclusive content for tax practitioners since 1972. They bill themselves as "the experts' experts."