Multistate Sales Tax Issues in a Digital World (Completed)

Date: Thursday, June 18, 2020
Instructor: Timothy Noonan
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs

This two-hour CPE webinar focuses on some of the difficult sales tax issues raised when doing business in a digital world. It suggests compliance and planning strategies for dealing with the various rules regarding sales tax on goods and services used in multiple jurisdictions.

Sales tax rules are changing now more than ever since the Wayfair decision in June 2018. Compliance can be confusing as you try to understand who taxes what and how (or where) they tax it. In a straightforward and easy-to-understand manner, highly regarded state tax practitioner, Timothy P. Noonan, will help you address current state sales tax issues and challenges. Mr. Noonan, author of the "Noonan's Notes" in Tax Analysts’ Tax Notes State and a frequent contributor to CCH Webinars, will help you identify the sales tax process steps to consider if you are a seller or purchaser of goods and services used in multiple jurisdictions.

Professionals in private and public practice, and in industry, will benefit from this presentation and will gain a practical understanding of current sales tax issues in our digital world. The presentation time will include opportunities for you to ask questions directly to Mr. Noonan.

Who Should Attend
Tax and accounting staff responsible for state sales tax compliance and planning; business owners, CPAs, EAs, tax attorneys and other business and financial advisors working with business clients on state sales tax compliance and planning

Topics Covered

  • Creating nexus for sales and use tax purposes in a digital world
  • Dealing with sourcing issues
  • The Main Sales Tax Culprits: Software, Digital products, Information Services
  • Multiple Points of Use exemption has been repealed
  • Current legislation or Guidance on MPU Exemption States
  • Differentiate between the Buyer's and Seller's Sale Tax Responsibility
  • Sales tax registration requirements
  • Case studies of select states

Learning Objectives

  • Recognize and gain a practical understanding of where (in which states) your business needs to collect sales tax
  • Describe the corporate and tax implications of doing business on the web
  • Identify which states tax digital products/services, SaaS etc.
  • Recognize how digital sales are taxed when in multiple places
  • Identify situations that create nexus
  • Recognize the different Sourcing Methods

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None

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