The course begins with the general rules discussing which goods and services are taxable. Then, we discuss how to assess local sales and use taxes, multi-state tax issues including nexus, multi-state drop shipments, and internet sales. Next, we'll review the rules common to all taxable services and then discuss them individually, with particular emphasis on real property services, repairs & remodeling of personal property and commercial property, data processing, information services. We'll also address issues arising in various industries including real estate construction, oil and gas, and high-tech.
The course also discusses exemptions, including sales for resale manufacturing and export sales. We'll cover issues arising in business formation, foreclosures, leases, and rentals. Finally, we'll review strategies for handling audits, including steps to take before, during, and after the audit. Throughout the course, we'll review the latest court cases, new legislation, and recent Comptroller policy pronouncements.