Judge decides in a historic case that JP Morgan should have paid interest and penalties for filing past due unclaimed property to states.
Is your Company in compliance with state unclaimed property laws? Inquire with your legal, tax, and accounting departments.
If your company is not in compliance, what could this mean for your company? This ruling makes it even more imperative for Companies to become compliant with unclaimed property laws, and have comprehensive policies and procedures to maintain compliance efficiently and timely with all applicable states annually.
Contact UPCR to speak with one of our experts about your Company’s compliance requirements.