“I really enjoyed the class. The knowledge that was passed to me is invaluable... I hope to be able to put into practice some of the advice that I was given.”

“Small class size very effective- easy to ask questions.”


“I really enjoyed the enthusiasm that the presenters brought to their presentations. This was really supposed to be a refresher course for me, but I learned a number of new items. Thank you all for sharing your experience and expertise with me.”

“This was a very well organized and effective session. I personally needed core training in this area and this is what you provided.”






Sales & Use Tax Planning

June 4-5
Embassy Suites Buckhead
Atlanta, GA

June 18-19
Courtyard Upper East Side
New York, NY

June 25-26
Holiday Inn Fisherman’s Wharf
San Francisco, CA



An intensive two-day immersion into the concepts, problems and planning opportunities involved with sales, use and gross receipts taxes. This course is designed for the beginner to intermediate level practitioner; however, even the most experienced state tax professional will obtain practical ideas and valuable information arising from discussions of the latest administrative, judicial and legislative developments in sales and use taxation.

Delivery Method: Group-Live.

No prerequisites or advance preparation required.

NASBA Recommended Fields of Study: Taxes, Regulatory Ethics.

Estimated continuing education credit: 16 based on a 50 minute hour, including 1 hour for ethics; 13.33 based on a 60 minute hour, including 1 hour for ethics.



Fundamental Concepts and the Streamlined Sales Tax Project: Sales, use, gross receipts taxes – their similarities and differences. Determining whether the tax is imposed on the purchaser or seller. Taxation of services, tangible personal property, contractors, corporate and partnership transactions. Sales and use taxes on the local level. The administrative aspect: licenses, permits, collection fees, exemption certificates, filing requirements. The effect of the Streamlined Sales Tax Project on promoting sales and use tax compliance and uniformity between the jurisdictions. Recent developments.

Jurisdiction, Nexus and the Internet: Coping with increased collection and use tax remittance requirements. Impact of in-state order acceptance versus telephone, direct mail or Internet solicitation, drop shipments, distribution from out-of-state, delivery in company trucks, warehousing, national versus local advertising, collections, financing, other service activities. Destination and title passage issues. Economic, physical, electronic presence and their tax consequences. How to respond to nexus questionnaires. Recent administrative, legislative and court developments, including the latest on the Wayfair case before the U.S. Supreme Court.

Services, Software, Leases and Other Special Transactions: Application of sales and use taxes to the various forms of computer software — canned, custom, electronic, load-and-leave; pure services and mixed transactions; installation and fabrication labor; repairs and warranties; leases, short-term rentals, installment sales, sale/leasebacks, leases with an operator; sales of assets in mergers, acquisitions, liquidations or corporate reorganizations; sales to government, exempt and charitable organizations; construction contractors. Supporting the exemptions – problems of proof. Planning and refund opportunities.

Determining the Taxable Base: The inclusion or exclusion of specific items in determining the gross proceeds or sales upon which the tax is based. Treatment of cash and trade discounts, coupons, rebates, returns and allowances, transportation expenses, trade-ins, finance charges, repossessed property, bad debts and taxes paid to other jurisdictions. Impact of the separately stated rule on the taxability of gross receipts and how transactions may be structured to minimize the imposition of tax.

Hot Topics in Sales and Use Taxation: The latest administrative, court and legislative developments on various hot topics in sales and use taxation such as: qualifying for the manufacturing exemption; how states are taxing intercompany, information, telecommunication, and other services; sourcing issues in multijurisdictional transactions; procedural limitations on refunds and assessments; and more, with a focus on the planning and refund opportunities arising therefrom.

Ethics and Managing the Sales and Use Tax Function: Structuring the sales and use tax function to maximize effectiveness while complying with personal ethical standards and those set by the AICPA, ABA, local state CPA societies and bar associations. Setting record retention policies, including best practices for converting to, and maintaining, electronic records that can be trusted. Motivating and training staff to apply sales and use tax laws correctly to both purchases and sales. Using software programs to manage exemption certificates and file sales and use tax returns. Procedures for filing refund claims, amending returns, and responding to notices.

Preparing for Audits and Litigation: How to handle a sales or use tax audit, from the arrival of the audit notice to the post-audit review. Ethical considerations. Statistical samplings – their benefits and burdens. Analyzing whether to protest an assessment to the administrative, trial and appellate levels. Working effectively with outside counsel.

Problems: Practical application of the concepts presented.

 




Registration

The registration fee is $885 for the two-day conference and includes continental breakfast, refreshments, specially-prepared seminar materials, and a cocktail reception the first evening of the program. A $30 discount is available if payment accompanies the registration form and is received by Interstate Tax Corporation no later than four weeks before a conference date (May 7-GA, May 21-NY, May 28-CA).


For a List of Speakers Click Here
For Registration Information Click Here
For Travel & Lodging Information Click Here
For a Registration Form Click Here
For a Full Brochure Click Here

For more information, please contact info@interstatetaxcorp.com

Registration for these conferences is not available online.



To return to the Conference Calendar, please click here.


You will need Adobe Acrobat Reader to view the forms. If you don't have it, click on this icon to download a free copy.


Copyright © 2018 Interstate Tax Corporation
Last Updated: February 22, 2018