Program Details
On Demand

Advanced State and Local Tax Institute 2013, Part 2 (of 5)

Content Partner:  Georgetown University Law Center
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Price: $220.00*

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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 Two includes:

A session examining apportionment, which is critically important for multistate companies, multinational busi- nesses, and state tax administrators. As the states move from the use of the standard three-factor formula, there is a developing need for alternative apportionment methods. However, the use of an alternative apportion- ment method raises the issue of which party bears the burden of showing that method is reasonable. You will explore the myriad issues surrounding burden of proof and the determination of what constitutes a reason- able alternative apportionment method.

Another session during which you will review the most significant issues that frequently arise in litigation and learn how to avoid the most common traps for the unwary SALT professional.

And a final session in which you will review provisions in ASC 450, including booking a liability and the specific disclosure requirements. You will analyze the practical applications of ASC 450, such as establishing sales and use tax reserves, identifying up-front planning considerations, reducing risk areas, considering different methodologies, and adjusting sales and use tax reserves. Finally, you will study the FASB proposed changes to disclosure of certain loss contingencies. We will examine disclosure principles and thresholds, qualitative dis- closure, quantitative disclosure, timing of exposure draft, and the IFRS impact.

Part 2 Program Agenda:

1:30-2:15 pm: Alternative Apportionment;
2:15-3:15 pm: Defending Against Penalties; and
3:45-4:30 pm: Using Sales and Use Tax Disclosures in Financial Statements.

Moderator & Faculty with Affiliations:

Helen Hecht, Federation of Tax Administrators
Marilyn A. Wethekam, Horwood Marcus & Berk Chartered
Brett Carter, Bradley Arant Boult Cummings LLP
Craig B. Fields, Morrison & Foerster LLP
James Bartek, Alvarez & Marsal Taxand LLC
Matt Pellows, KPMG LLP

Practice Areas:
Online Media Type: Video
Production Date: 08/01/2013
Level: Advanced
Category: Standard
Duration: 2 Hours, 32 Minutes
Online Format: On Demand

Click here for information on subscription discounts and Group Viewing opportunities.

Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

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

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Total Credits: 2.5
Specialty Credits: 
Status: Reciprocal Credit Available
Expiration: N/A
Training Type: Online

West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.

Check your state requirements and get contact information.
Helen Hecht - Federation of Tax Administrators
Marilyn A. Wethekam - Horwood Marcus & Berk Chartered
Brett Carter - Bradley Arant Boult Cummings LLP
Craig B. Fields - Morrison & Foerster LLP
James Bartek - Alvarez & Marsal Taxand LLC
Matt Pellows - KPMG LLP
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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