Market-Based Sourcing and Multistate Apportionment of Revenue From Services and Intangibles
Recording of a 110-minute CPE webinar with Q&A
This course will provide tax executives and managers with a practical guide to handling challenging state income tax apportionment involving sales of services and intangible personal property. The panel will detail various states' methods of apportioning revenues from services and intangibles, discuss current developments in market-based sourcing, and offer practical guidance on handling multistate apportionment challenges.
- Prior "cost of performance" approaches to sourcing revenue from sales of services and intangibles
- UDITPA Section 18
- Plurality method
- Majority method
- Proportionate method/alternate apportionment
- Market-based sourcing of service revenue methods
- Multistate Tax Compact Model guidance
- Market-based sourcing of revenue from intangibles
- Throw-out rules
- Challenges in apportioning income
- Recent state developments
The panel will discuss these and other relevant topics:
- What are the specific challenges in sourcing revenue from the sale or license of intangible property instead of services?
- What are the main approaches to market-based sourcing implemented by various states?
- What are "throw-out" rules, and when/how do they apply?
- MTC proposed guidance to implement market-based sourcing
- When do states permit or require an alternative apportionment methodology?
Eisner Advisory Group
Mr. Novitsky is a Director in the firm’s State and Local Tax Group. With over 30 years of experience, his... | Read More
Mr. Novitsky is a Director in the firm’s State and Local Tax Group. With over 30 years of experience, his expertise focuses primarily on state and local income taxation, and sales and use tax. Mr. Novitsky has significant experience serving a variety of clients, including financial services, manufacturing, real estate, retail, pharmaceutical, biotechnology, technology, and service industries. He also has experience with mergers and acquisitions, audits, planning, compliance and research, among other tax related matters.Close
William T. Pardue
Managing Director, State and Local Tax
Mr. Pardue specializes in providing state and local corporate income and franchise tax solutions throughout the nation... | Read More
Mr. Pardue specializes in providing state and local corporate income and franchise tax solutions throughout the nation to clients in a variety of industries, including technology, consumer products, manufacturing, hospitality, and financial services companies.Close
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