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

LIVE Webcast

Summary:

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: 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

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

McDermott Will & Emery LLP

Arthur R. Rosen
Partner

Morrison & Foerster LLP

Mitchell A. Newmark
Of Counsel

KPMG

Sarah McGahan
Senior Manager, Washington National Tax

Grant Thornton, LLP

Frank Schaefer
Executive Director, State And Local Tax

Event Talking Points:

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, Senior Manager, Washington National Tax,
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





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

Wednesday, October 20, 2010
3:00pm to 5:00pm (ET)