Learn how the Wayfair case will affect the states’ ability to tax internet and out-of-state sales Gain an understanding of the framework necessary to identify different states' taxation requirements and related compliance procedures
The U.S. Supreme Court reversed Quill’s “bright-line” physical presence requirement, substituting instead a case-by-case analysis that focuses less on the remote sellers’ circumstances and more on how the States’ laws and compliance processes may unduly burden remote sellers in general. Attend this session to learn an analytical framework for evaluating your clients’ potential compliance obligations in the States where the sell. We’ll also discuss scalability of existing IT Systems, required processes for reporting and certificate maintenance, voluntary disclosure and financial reporting concerns.
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Basic