Transfer Tax

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It’s no secret that states are under fire because of the budget crisis caused by recession. States are fighting back by resurrecting laws such as the Affiliate Nexus laws which give them the ability to levy taxes on businesses that sell in the state without a physical presence there. Colorado has led the charge by outlining comprehensive legislation which authorizes the state to levy penalties up to $250,000 for first year offenders.

This live webcast will cover the most critical Multi-State tax issues today including:
- Sales & Use Tax
- Nexus
- E-commerce & Digital Downloads Taxes
- Cloud Computing Taxes
- Up-to-the-minute regulatory updates

Join this live webcast sponsored by The Knowledge Group to learn about the critical elements of this legislation. Our panel of experts and thought leaders will help you understand emerging trends and up-to-the minute regulations on multi-state taxation and Affiliate Nexus standards. Advance registration is required as space is limited. Click on the “Register” button bellow to enroll in this course today.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 104021
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Multi-State Taxation Critical Issues: Sales & Use Tax, Nexus
E-commerce, and Cloud Computing LIVE Webcast:


Proposed Agenda (click here to view more)
SEGMENT 1:


Arthur R. Rosen, Partner,
McDermott Will & Emery LLP

- States are attempting to transmute nontaxable sales of services into taxable sales of tangible personal property. Can they do that? Should they do that?
- For apportionment purposes, where should a sale of an electronic service be sourced?
- What are the nexus implications of using a cloud computing service provider?

SEGMENT 2:


Mitchell A. Newmark, Of Counsel,
Morrison & Foerster LLP

Nexus developments:

    - Judicial developments regarding nexus.
    - Legislative developments regarding nexus.
    - Revenue Department approaches to nexus.

SEGMENT 3:


Sarah McGahan, Senior Manager, Washington National Tax,
KPMG

- States are increasingly adopting statutes whereby nexus is presumed to exist over an out- of-state retailer based on an affiliate relationship with in-state resident. Are these new nexus theories constitutional? How should out of state retailers respond?

- Do states need to adopt legislation specifically addressing “click-through” nexus, or should retailers expect states to assert nexus on the basis of affiliate relationships, regardless of specific statutory provisions?

- Colorado’s recently enacted information reporting requirements essentially coerce out-of-state businesses into collecting CO sales and use tax as a way to avoid complying with the state’s burdensome information reporting requirements and the potential penalties associated with noncompliance or error. Should out-of-state businesses that are not required to collect and remit sales tax be obligated to police individual use tax noncompliance.

SEGMENT 4:


Frank Schaefer, Executive Director, State And Local Tax,
Grant Thornton, LLP

- The Umpire State? Recent developments in New York State sales & use tax treatment of IT goods and services
- Nexus Considerations for PEO’s and Other ‘Service Bureau’ Businesses
- ‘Amazon’ Nexus update




McDermott Will & Emery LLP
Arthur R. Rosen
Partner
speaker bio »»


Morrison & Foerster LLP
Mitchell A. Newmark
Of Counsel
speaker bio »»


KPMG
Sarah McGahan
Senior Manager, Washington National Tax
speaker bio »»


Grant Thornton, LLP
Frank Schaefer
Executive Director, State And Local Tax
speaker bio »»


Who Should Attend?

CPAs
CFOs
Controllers
Attorneys
Tax Managers
Finance Directors
Accountants
Enrolled agents

Why Attend?

This is a must attend event to fully understand the important issues surrounding Multi-State Taxation.
- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



Multi-State Taxation Critical Issues: Sales & Use Tax, Nexus,
E-commerce, and Cloud Computing LIVE Webcast
Speaker Firms:





 

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.