The State Use Tax Challenge

How can corporate tax departments ensure full compliance – or even sufficient compliance – with states on use tax? Unexpected use tax charges can arise in audits when vendor documents don't indicate payment of sales tax or where equipment is purchased in a low sales tax state and transferred across state lines.

While software is a necessary tool, your tax staff plays the most crucial role in identifying transactions subject to use tax, calculating tax due, and creating an accountable use tax accrual. They’ll need to properly train the purchasing staff and help defend defending exemption decisions in audits.

Judgment calls by you and your tax staff are integral to effective use tax compliance. This teleconference will bring you valuable lessons from the experiences of a panel of your peers – veteran corporate sales and use tax leaders and savvy consultants -- to help you make informed decisions.

Listen and benefit from our panel's experience. Their approaches and advice will equip you to review your company’s own processes and systems and make improvements in:

• Training staff (in tax and other departments) on proper procedures for use tax compliance.
• Processing invoices and exemption certificates.
• Identifying and correcting potential red flags in purchase documents – before an audit.
• Selecting and operating compliance software to fit your business' needs.
• Calculating the correct amount of use tax due for each period.

Our panel includes:

Steve Peck is sales tax manager at Georgia-Pacific Corp. in Atlanta. He has worked for Georgia-Pacific for 22 years, the last 10 as sales tax manager. Steve is responsible for setting up tax functionality on procurement systems and for conducting reverse audits on all operations.

David Hobley is sales and use tax manager at Masco Corp. in Taylor, Michigan. He oversees a staff of three sales and use tax accountants and his responsibilities cover audits, research, training and representation. David has worked at Masco for nine years and previously worked in sales and use tax compliance for six years at Borders Group Inc.

Howard Mantel is decentralized tax manager at United Parcel Service in Atlanta.

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TELECONFERENCE CDCan’t participate on March 20? Purchase a CD-ROM of the full conference proceedings (available 10 days after the program).
CPE is not available for CD purchases.