Many state executive agencies are usurping the legislative department function to increase the transaction tax base. Such practices usually involve executive department action to impermissibly expand the definition of tangible personal property beyond the meaning of corporeal movable property. This webcast uses a particular example involving the Arizona Department of Revenue to exhibit this problem. SyllabusLesson 1.IntroductionLesson 2.Constitutional Infirmities Separation of Powers Doctrine Due Process Executive FiatLesson 3.Intangible-Tangible DistinctionsLesson 4. Consequential-Inconsequential DistinctionsLesson 5.Arizona Department of Revenue Administrative Regulation A.A.C. R15-5-150Lesson 6. Arizona Department of Revenue Administrative Ruling TPR 90-2Lesson 7. Conclusion **This course is approved by the IRS. The submission of a completed request form, found under the materials tab, is required for credit.
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate