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Gary Qualset, CPA
Project Director, Unclaimed Property Division
Office of California State Controller - Malia M. Cohen
ABOUT THE WEBINAR
The State of California has a new unclaimed property reporting Voluntary Compliance Program (VCP) that affords companies a significant cost savings through a waiver of the normal 12% per annum interest assessment for late filings and sets themselves up for ongoing and future compliance while providing an incentive for holders to report.
In this webinar, you'll learn about California's two-part reporting and remitting process, the state's owner location efforts, securities holding processes, and how the new VCP works.
Topics:
- California's two-part reporting process
- How California searches for owners, what’s reported and what’s remitted
- Recent legislative changes that may impact securities
- In-depth explanation of the California VCP process, including:
- Benefits
- Eligibility
- Application information
- How to get started