Sales and Use Tax Determination Headaches

Sales and use tax professionals are faced with the legal and practical challenges of learning as many as 50 different state sales and use tax laws and regulations. No one could possibly learn all of the different state requirements and yet our jobs demand it! The purpose of this OnDemand Webinar is to reveal the secrets to working in a multistate environment. You will learn about the four different types of taxing states which greatly reduces the complexity of a 50-state environment. Five states don’t even have sales and use taxes. You will master the principles of nexus and reduce your exposure to audit from other states. Since audits in this area are inevitable, audit techniques for negotiating with auditors and how to reduce the amount they assert your organization owes will be addressed.

Authors

Agenda

The Three Characteristics of Taxes

• Shifting
• Absorption
• Separation

The Four Types of Taxing States

• Seller Privilege States
• Consumer Levy States
• Transaction Tax States
• Gross Receipts States

Nexus

• How to Determine If Your Organization Has Nexus in Another State
• How to Measure Your Organization's Exposure
• Nexus Amnesty

Audit Techniques

• How to Negotiate With Auditors
• Techniques to Reduce the Amount You Owe

Additional Formats