Learning objectives:

Learn how to navigate the unexpected implications of the Wayfair decision, particularly from an indirect tax perspective but also from a state income tax perspective. Also discuss indirect and state income tax implications of new ways of doing business and technology investments.

Course description:

It has been almost five years since the US Supreme Court decided South Dakota v. Wayfair and struck down the long standing “physical presence” nexus test, and a little more than five years since the Tax Cuts and Jobs Act rewrote the federal income tax laws for the first time since 1986. These two events caused seismic shifts in state sales and use taxes and state income taxes, with their effects still being felt today. Our panelists will discuss the evolving compliance challenges produced by these two events and how companies are implementing leading practices to reduce costs, minimize risk, and produce cash tax savings.