Ryan Announces Kansas Reestablishes the Three-Year Statute of Limitations for Sales and Use Tax Refund Claims

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Ryan, a leading global tax services firm with the largest indirect tax practice in North America, today announced that Kansas Governor Sam Brownback recently signed into law Senate Bill 10 (“SB 10”), which reestablishes a three-year statute of limitations for sales and use tax refund claims. The new legislation takes effect July 1, 2011.

Ryan is a leading global tax services firm, with the largest indirect tax practice in North America and the seventh largest corporate tax practice in the United States.

Ryan, a leading global tax services firm with the largest indirect tax practice in North America, today announced that Kansas Governor Sam Brownback recently signed into law Senate Bill 10 (“SB 10”), which reestablishes a three-year statute of limitations for sales and use tax refund claims. The new legislation takes effect July 1, 2011.

In 2009, the state shortened the statute of limitations for refund claims to one year. Under the 2009 amendment and until July 1st, claims for refunds or credits must be filed within a year of the date the tax was due.

On July 1, 2011, the new law extends the statute of limitations retroactively. Taxpayers that wait until July 1, 2011 will be able to take advantage of the three-year window and receive refunds of sales or use taxes that were previously precluded by law.

About Ryan
Ryan is a leading global tax services firm, with the largest indirect tax practice in North America and the seventh largest corporate tax practice in the United States. Headquartered in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. In 2010, Ryan received the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the award-winning myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multi-disciplinary team of more than 900 professionals and associates serves many of the world’s most prominent Fortune 1000 companies. More information about Ryan can be found at http://www.ryan.com.

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Jim Aubele
Ryan
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