State Taxation of Digital Goods and Services: Cloud Computing, Cryptocurrency, Gaming, Virtual Transactions
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This course will cover situations actually and potentially creating state income tax nexus for digital revenue received by businesses. Our SALT panel will discuss how specific states determine nexus for digital goods and products, which states have rules concerning the determination, and how to best apply current nexus standards in states that do not.
Outline
- Digital goods
- An overview
- Categories
- State methods for determining nexus for digital products and services
- PL 86-272 and its application to digital revenue
- Sales tax
- Specific examples
- Best practices for compliance
Benefits
The panel will review these and other critical considerations:
- The application of state nexus determinations to specific categories of digital goods
- How P.L. 86-272 applies to digital products and services
- Which states are attempting to tax digital products in unexpected ways?
- What are the standard methods for determining income tax reporting and remittance obligations in most states?
- What steps can professionals take to ensure businesses are not subject to unnecessary taxation in specific states?
Faculty
Eric Carrasco
Indirect Tax Manager
PM Business Advisors
As an Indirect Tax Manager at PMBA, Mr. Carrasco has helped his clients in determining their sales and use tax... | Read More
As an Indirect Tax Manager at PMBA, Mr. Carrasco has helped his clients in determining their sales and use tax requirements, nexus analysis and setting up compliance, as well as providing sales and use tax audit defense. For the past 7 years at PMBA, he has worked with numerous industries in the digital space ranging from videogame companies and entertainment providers to billion-dollar digital advertising and software enterprises. Mr. Carrasco operates as one of only a handful of official Avalara software Implementors in North America and assists his clients in implementing the right sales tax solution for their specific needs. Other areas of expertise include creating use tax processes for companies, sales and use tax recovery, and indirect tax due process for acquisitions and mergers.
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Stacey L. Roberts, CPA
State and Local Tax Director
TaxOps
Ms. Roberts has been making state and local tax (SALT) less taxing for thousands of businesses over the last 25 years.... | Read More
Ms. Roberts has been making state and local tax (SALT) less taxing for thousands of businesses over the last 25 years. As a director of the SALTovation team at TaxOps, she guides dynamic businesses through compliance and strategic planning focused on minimizing risk and strengthening tax positions. Ms. Roberts honed her specialty at Andersen Worldwide/Andersen LLP, KPMG and Deloitte before moving in-house with a Fortune 500 company to administer state and local tax. She has also led the national SALT practice at a regional firm. Ms. Roberts is a member of the Colorado Legislative Task Force Concerning Tax Policy and a frequent speaker, instructor and author on SALT issues for industry and professional organizations.
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Chris Vignone
CEO & Managing Director, Business Advisory
PM Business Advisors
Mr. Vignone has over 20 years of experience in providing business advisory services to corporate America. His clients... | Read More
Mr. Vignone has over 20 years of experience in providing business advisory services to corporate America. His clients include many Fortune 1000 companies and he is an acclaimed thought leader in the area of sales & use tax. Mr. Vignone has maintained the role of Advisory practice leader for several firms before taking the helm as CEO for PM Business Advisors in 2015.
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