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Professional Course

Slope Stabilization: Best Practices and Challenges

Length
1.5 hours
Length
1.5 hours
This provider usually responds within 48 hours 👍

Course description

Slope Stabilization: Best Practices and Challenges

Slope Stabilization: Best Practices and Challenges

Are you up to speed on the current internet transaction tax law? Gain a better understanding of your sales and use obligations. With growing budget deficits, many states are taking increasingly aggressive positions in an attempt to impose sales and use tax obligations on internet transactions. Internet sellers face a murky and sometimes ill-defined landscape with respect to sales and use taxes that are impacted by both state law and federal constitutional principles. By exploring the growing body of judicial decisions, this topic will help you better understand your sales and use tax obligations and ensure compliance. It will explain the constitutional requirements that must be satisfied in order for a state to impose sales or use tax obligations. We will examine the critical substantial nexus requirement and clarify the contours of that requirement through a discussion of existing and developing case law. This topic will explore how you can, without careful planning and analysis, establish nexus through either related or unrelated third parties.

Learning Objectives

  • You will be able to discuss the due process clause and the modern commerce clause.
  • You will be able to review Amazon® laws, affiliate nexus and increased reporting requirements.
  • You will be able to explain federal legislation affecting internet sales tax collection and nexus.
  • You will be able to recognize the relationship between the physical presence and the activity being taxed.

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    Who should attend?

    This live webinar is designed for accountants, CFOs, controllers, accounts payable professionals, tax managers, presidents, vice presidents, bookkeepers, tax preparers and attorneys.

    Training content

    • Overview of Nexus: The Threshold Requirement for State Taxation of Internet BusinessesConstitutional Limitations on States' Power to Tax Interstate Commerce, i.e., Internet Transactions
    • The Due Process Clause Requires a Definite Link or Minimum Connection, Physical Presence Not Needed
    • The Modern Commerce Clause's Four-Pronged Test and the Substantial Nexus Requirement, Physical Presence RequiredSubstantial Nexus and the Commerce Clause
    • Physical Presence Is Constitutionally Required
    • How Much Physical Presence? The Cutting-Edge Issue
    • The Relationship Between the Physical Presence and the Activity Being Taxed
    • Nexus, Establishing Presence for Internet VendorsThe Next Layer - Establishing Nexus Through Others and the Developing Case Law
    • Affiliate Nexus
    • Agency NexusEmerging State Approaches to Taxing Internet Vendors
    • Amazon® Laws, Affiliate Nexus and Increased Reporting Requirements
    • Federal Legislation Affecting Internet Sales Tax Collection and Nexus

    Costs

    The cost of this Slope Stabilization: Best Practices and Challenges live webinar is $219 per participant.

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    Lorman Education Services
    Lorman Education Services
    2510 Alpine Road
    54702 Eau Claire Wisconsin

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    Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...

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