(Washington, DC)  Stephen Cordi, deputy chief financial officer for the Office of Tax and Revenue, was elected vice chairman of the Multistate Tax Commission at a meeting of the commission’s executive committee in Washington, DC on May 8, 2008.  Cordi, a former president of the Federation of Tax Administrators, was named to head the Office of Tax and Revenue by Chief Financial Officer Natwar M. Gandhi in January. 

The Multistate Tax Commission (MTC) is an intergovernmental, state tax agency, which works on behalf of states and taxpayers to administer, equitably and efficiently, tax laws that apply to multistate and multinational enterprises. The commission, which was created by the Multistate Tax Compact, handles a multitude of tax initiatives:

• Facilitates the proper determination of state and local tax liability of multistate taxpayers, including the equitable apportionment of tax bases and settlement of apportionment disputes;
• Promote uniformity or compatibility in significant components of tax systems;
• Facilitates taxpayer convenience and compliance in the filing of tax returns and other phases of tax administration; and
• Avoids duplicative taxation.

Established in 1967, forty-six states and the District of Columbia participate in the work of the MTC. The District of Columbia is a full member of the MTC and an active participant in its uniformity, audit, and nexus programs.