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Unique Local Compliance Challenges Post-Wayfair: Determining Economic Nexus, Exemptions, Constitutional Protections

A live 110-minute CPE webinar with interactive Q&A

This program is included with the Strafford CPE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Tuesday, May 7, 2024

1:00pm-2:50pm EDT, 10:00am-11:50am PDT

or call 1-800-926-7926

This webinar will review the impact of the Wayfair decision on local tax collection systems. Our astute panel of SALT specialists will focus on the most complex local tax systems in specific states, including Alabama, Alaska, Arizona, California, Colorado, Louisiana and Texas.

Description

Five years later, the U.S. Supreme Court decision South Dakota v. Wayfair Inc. continues to significantly impact state and local taxation. Post Wayfair, every state that assesses sales tax has implemented sales and transaction thresholds in light of the decision. Determining nexus standards by jurisdiction is an arduous process. Home rule states allow local authorities to set their own guidelines and collect sales tax separately from the state's revenue department. These localities can and do establish economic nexus thresholds that differ from those of the state's income tax division. Alaska, for example, does not impose a state income tax but does allow more than 100 local jurisdictions to impose and collect taxes, establishing their own guidelines and tax rates.

Understanding a company's local tax burden is only the first step. Determining if specific exemptions apply to a business' service or product and obtaining the exemption certificate can provide significant tax savings and avoid future complications. It is critical that multistate businesses and SALT advisers are familiar with the unique local compliance burdens within states and understand where problems may arise.

Listen as our experienced panel of state and local tax advisers outlines specific nuances of local taxes in specific states post-Wayfair.

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Outline

  1. The impact of Wayfair on local tax assessments
  2. Unique compliance burdens
  3. Common and specific exemptions available
  4. Required registrations and licensing
  5. Constitutional protections
  6. Specific states
    1. Alabama
    2. Alaska
    3. California
    4. Colorado
    5. Louisiana
    6. Missouri
    7. Texas
    8. Washington
  7. Use taxes
    1. Alabama
    2. Colorado
    3. Louisiana

Benefits

The panel will cover these and other critical issues:

  • Identifying unique local compliance obligations and where local tax issues may arise
  • Constitutional protections that remain post-Wayfair to challenge jurisdictional tax assertions
  • Colorado SUTs system, destination reporting and home rule challenges
  • Economic nexus rules and how they apply to local taxes
  • Registrations, licensing, and required forms for sales tax collection and remittance

Faculty

Le, Tram
Tram Le, CPA

Senior Tax Manager
TaxOps

Ms. Le is a CPA and licensed attorney specializing in tax strategies for growing businesses. She works closely with...  |  Read More

Vorndran, Judith
Judith B. Vorndran, JD, CPA, MSBA

Partner
TaxOps

Ms. Vorndran helps clients and tax professionals navigate the morass of state and local tax issues with the goal of...  |  Read More

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