Why You Should Attend this 2-day Program:
•Review legislative, judicial, and administrative developments affecting corporate income and net worth taxes
•Examine the latest developments impacting the accounting and financial statement disclosure of state income taxes
•Learn the elements of state residency audits and the best techniques for responding to them
•Analyze the presumptive correctness of tax assessments and ways to rebut the presumption
•Explore the many issues surrounding burden of proof in alternative apportionment
•Review national best practices for defending against tax penalties
•Learn when sales and use tax disclosures in financial statements may be required
•Survey the latest developments in sales, use, and gross receipts taxes
•Assess sales and use tax trends affecting cloud computing, digital equivalents, and other hybrid transactions
•Analyze SALT implications of the major elements of potential federal tax reform
•Explore the MTC compact litigation and related refund opportunities
•Review critical audit issues being litigated across the country
Part Five includes:
A session on federal tax reform. Federal tax reform is on the front page of every major newspaper and certainly highlighted in the trade press. Years of experience have taught us that federal tax reform and SALT policies are inextricably linked. During this session, our nationally recognized speakers will analyze the SALT implications of each of the major elements of potential federal tax reform. You will learn about the SALT consequences of a shift to a territorial tax system, mandatory or optional repatriation of foreign earnings, interest disallowance, and other important elements of potential federal tax reform.
Another session on MTC Compact litigation and related refund opportunities. During this penultimate session, you will examine the major national cases, such as Gillette and IBM, and potential implications for the Multistate Tax Commission. You will also explore refund opportunities related to apportionment formulas and other statutory departures from the Compact’s provision.
A final session including an entertaining and fast-paced debate in which speakers will review the key cases from the past year, looking at issues presented across the country. They will examine cases addressing over-taxation, taxation without nexus, discrimination, and due process.
Part 5 Program Agenda:
12:30-1:15 pm: SALT Implications of Federal Tax Reform;
1:15-2:00 pm: MTC Compact Litigation and Refund Opportunities; and
2:15-3:00 pm: Current Audit Issues Outside the Sales and Use Tax Area
Speakers:
Valarie Dickerson, Deloitte Tax LLP
Joe Huddleston, Multistate Tax Commission
Eric J. Coffill, Morrison & Foerster LLP
Shirley Sicilian, Multistate Tax Commission
Prof. Richard D. Pomp, University of Connecticut School of Law
Marilyn A. Wethekam, Horwood Marcus & Berk Chartered
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
