What you need to know about multistate and local taxation (MLT)!

Date: 10/19/2011 | Time: 2pm to 3pm (EDT)
Webinar

Webinar Agenda and Content

Part I:    What is Multistate & Local Taxation (MLT)?

Part II:   Nexus Triggers: When Do I Need to Worry about Multistate Taxation?

Part III: (Time Permitting) What Can I Do to Minimize/Manage Nexus?

Part IV: Concluding Remarks/Questions

REGISTER NOW!

Agenda:

Part I:    What is Multistate & Local Taxation (MLT)?

  1. What are the General Types of MLTs that are Imposed?
  2. Why Do Client Need Help with MLT?
  3. Where does the “Multistate” Issue Come In???  Answer – “Nexus”. . .

Part II:   Nexus Triggers: When Do I Need to Worry about Multistate Taxation?

  1. Two Most Common Sources of Nexus for Remote Businesses: Corporate Income and Sales Taxes
  2. When Does A Business Have “Nexus”?
  3. Focus on Sales and Use Tax
    1. Physical Presence – Supreme Court Standard
    2. Physical Presence – States’ Standards
  4. Focus on Corporate Income Tax
    1. Separate Reporting, and “Nexus” through Affiliated Entities – Combined Reporting
    2. TRUE Nexus through Affiliated Entities – Affiliate “Economic” Nexus
    3. TRUE “Economic” Nexus –Market Nexus via Unaffiliated Customers
    4. Federal Immunity under 86-272

Part III: (Time Permitting) What Can I Do to Minimize/Manage Nexus?

  1. Enterprise/Business Disaggregation
  2. Business Aggregation
  3. Strategic Marketing
  4. Pre-Audit Noncompliance Discovery Responses

Part IV: Concluding Remarks/Questions

Appendix: Nexus Questionnaire/Checklist

REGISTER NOW!

SPEAKER BIO:

L. Neill Edwards

Research Triangle Park

Neill Edwards is a partner at Womble Carlyle Sandridge Rice, a law firm with hundreds of lawyers in offices from Delaware down to Georgia.  He heads up the firm’s Multistate and Local Tax practice.  Over the last two decades, he has has amassed extensive experience in multistate and local tax planning, controversy, and related regulatory work on a national level as well as in multistate economic development matters. This experience covers all fifty states, and virtually all categories of taxes and related state regulatory imposts.  He serves blue chip and other major clients in virtually all industry sectors, and has written briefs to the U.S. and state Supreme Courts on tax and tax-related constitutional issues.

Representative state and local tax offerings cover more traditional planning and controversy work in the income, franchise, sales and use, property, unemployment, telecommunications, insurance, banking, and excise tax areas, and unclaimed property/escheat matters. This work includes audit preparation, management, and defense, administrative and post-administrative appeals, nexus and reverse nexus work, sourcing planning, special/exotic entity work, affiliate and attributional tax planning, and the state and local tax implications of international entities and cross-border transactions. He also has extensive experience in less traditional offerings such as voluntary disclosure vs. amnesty, offers in compromise, managed audits, ruling requests, and multidisciplinary, multistate choice of law, reorganizational, and legislative and regulatory solutions.

He has successfully worked on numerous complex matters of “first impression” in various tax jurisdictions. He has negotiated and documented several billion dollars’ worth of state and local grants, credits, abatements, and related incentives in various states

Subscription Options:

Subscribe via RSS
© 2010 NCWTA  |  All rights reserved.