Overview:
As states expand their taxing jurisdictions and power, it’s vital to advise your company or clients on the delicate issues of nexus. This webinar will enable you to:
- Determine when a company must pay income taxes or collect taxes for a given state
- Understand the Supreme Court’s decision in South Dakota v. Wayfair and its implications, including economic nexus provisions being adopted by states
- Effectively deal with the nexus impact of sales reps, affiliated companies and other factors by which physical presence nexus may be attributed to an out-of-state taxpayer
- Learn about the future trends for nexus standards
- Exploit the dollar advantage of state voluntary disclosure and amnesty programs
Objective:
To equip tax professionals with methods for analyzing the threshold presence requiring compliance with state tax laws. The webinar provides in-depth coverage of current tax nexus laws and jurisdictions. You’ll also receive practical guidance on nexus questionnaires, license and registration requirements and employee nexus status.
Emphasis:
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Cases establishing nexus concepts in sales, use and corporate income taxation
– The Supreme Court’s decision in South Dakota v. Wayfair and its implications
– Distinction between income tax nexus, sales tax nexus and franchise nexus
– Evolving nexus standards, including agency nexus, “click-through” nexus, affiliate nexus, economic nexus and remote seller notice requirements
– Federal nexus legislation and jurisprudence
– Tax immunity under Public Law 86-272
– Advising a client about nexus -
Current state nexus activities
– Nexus implication of state registration requirements
– Nexus questionnaires: when and how to answer
– Nexus and the Internet
– Disclosure programs: benefits and pitfalls
– Recent state nexus decisions
– Multistate Tax Commission position papers -
Nexus implications and planning opportunities for specific industries
– Service industry issues
– Licensing and other software issues
– Telecommunications issues
– Personal and corporate liability for failure to register, pay or collect taxes - Emerging concepts and pending litigation
- Evolving nexus standards and federal legislative efforts