Join Tram Le and Judy Vorndran at TaxOps as they explore the impact of the Wayfair decision on local tax collection systems focusing on the most complex local tax systems in specific states, at Strafford.

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

Tuesday, May 7, 2024 | 1:00 pm EDT | 11:00 am MDT

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.

Outline

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

About TaxOps

We solve tax problems with practical tax answers that make business sense across jurisdictions and industries. By hiring our Big Four-veteran leaders and experienced teams, you get a team of tax strategists and business advocates supporting your strategy wherever business takes you. We deliver the strength, experience, and resources of a national tax brand with the hands-on client engagement of a boutique firm. Fixed-fee pricing options and active teaming keep us focused on efficient tax results. TaxOps is shaping the future of tax specialty services in federal, international, state and local and minimization solutions by taking care of our clients, our people and our communities. Visit TaxOps.com.

Speakers:

Judy Vorndran, J.D., CPA, TaxOps

Judy Vorndran, J.D., CPA, MSBA, leads a team of veteran state and local tax (SALT) professionals at TaxOps in providing practical tax answers to businesses and governments. She is attentive to legislative, judicial, and regulatory tax changes as she assesses the impact of change on her clients’ tax strategy. For 25+ years, she has worked with and through vendor partnerships and government alliances to drive positive tax outcomes for businesses. Judy is a public policy advocate and governor-appointed member of Colorado’s Sales and Use Task Force, where she collaborates with legislators and stakeholders in simplifying the state’s complex sales tax system. Former Big Four, with 14 years combined at Deloitte and PwC, Judy is also a nationally recognized thought leader and award-winning instructor, including the 2023 Income Tax Instructor of the Year for the Institute for Tax Professionals. She is featured on the SALTovation show, a podcast profiling the leading voices in state and local tax. Listen in to the SALTovation Show on your favorite channel and reach out to

Tram Le, J.D., CPA, LLM in Taxation, TaxOps

Tram Le is a senior manager at TaxOps where she specializes in tax strategies for growing multistate businesses. She works closely with clients across industries to tackle state and local tax (SALT) issues including taxability, nexus, sourcing, apportionment reviews, M&A/due diligence, sales tax automation, and tax advocacy with state and local governments. Tram serves as an adjunct professor at the University of Texas at Arlington, where she teaches SALT topics to graduate level students. She has several years of government financial and forensic auditing experience from work in the U.S. Government Accountability Office (GAO) and with the Treasury Inspector General for Tax Administration (TIGTA). Tram is a frequent speaker on SALT topics and writes the Spreading SALTovation column for Tax Notes State. Reach out to Tram at tle@taxops.com.

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