MTEC-W02
Multistate Taxation of Electronic Commerce

Best Value! Buy a webinar package and save
-- choose the Unlimited Webinar Package or the eight- and sixteen-credit packages.

Date/Time: Wednesday, December 19, 2012, 1-3 p.m. Eastern (see all dates)

Presenter(s): Pamela Davis-Vaughn, CPA

Some of today's hottest issues are those focusing on state taxation in the digital marketplace. These issues impact virtually every entity engaging in eCommerce whether as a buyer or a seller. This session will address the current trends, issues and complexities surrounding the taxation of digital goods, including online content, music, e-books, videos and other products currently available in the digital world.

Major Topics:

What is being purchased? What is the object of the transaction?
- Determination of nexus and sourcing
- Data processing, information services, telecom, digital goods, software and related services
- Method of Delivery
What is the character of the transaction?
- Tangible personal property, service or something else
- State movement to classify "digital goods" as tangible personal property and increased availability of use based exemptions relative to use tax
- Sourcing of "electronic" transactions for income tax and sales tax purposes
Federal legislation
- Digital Goods and Services Tax Fairness Act
- Main Street Fairness Act
Issues with Cloud Computing
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
- State struggles with definitions and server locations
- “Bundling” of prewritten software or hardware into cloud computing arrangements
- State laws fail to keep pace with the pace of technology
- High risk of taxation by multiple jurisdictions
Click-Through Nexus
- Colorado reporting regime
- Several laws taxing remote sellers
- States that have not imposed taxes are increasing disclosure by remote sellers
- Commonly-controlled/related party presumption
- Impact on streamlined sales tax
- Proposed federal legislation
The future of taxation in the digital marketplace
- What issues should taxpayers be seeking to address
- Planning issues for taxpayers

Learning Objectives:

Understand recent changes in state statutes, regulations and case law as they apply to the digital marketplace
Determine areas that may require additional attention for state tax planning purposes
Identify areas that may be costly for their employers or clients

Designed For: CPAs in public practice and industry who need to keep abreast of the ever changing law of multistate tax

Level of knowledge: Intermediate

CPE Credits: 2, Taxes

Prerequisite: Experience working with clients in multiple states

Advance Preparation: None

MTEC-W02 Multistate Taxation of Electronic Commerce

Best Value! Buy a webinar package and save -- choose the Unlimited Webinar Package or the eight- and sixteen-credit packages.

MTEC-W02
Multistate Taxation of Electronic Commerce

Best Value! Buy a webinar package and save
-- choose the Unlimited Webinar Package or the eight- and sixteen-credit packages.