DEVELOPMENTS IN INDIRECT TAX
Monday, October 28, 2024 – All Times Listed are Central Time Zone | ||||
| Start | End | Minutes | Topic | Speaker(s) |
| 12:00 | Registration | |||
| 12:55 | Welcome and Introductory Remarks | |||
| 1:00 | 2:00 | 60 | Does Use Tax Violate External Consistency? This presentation will offer a point/counterpoint on whether a use tax can violate external consistency. The presenters will also discuss the basis for the exter- nal consistency requirement, with a focus on the history and application of the use tax. Ultimately, you will be the judge, with an audience vote at the end! (60 Min.) | Michael Fatale General Counsel, Massachusetts Department of Revenue Christopher Lutz Partner, Jones Walker LLP |
| 2:00 | 3:00 | 60 | Short Circuit – Quick Takes on All Things Digital Our speakers in these mini sessions will provide their perceptions and perspectives on the state of tax in a digital world. What exactly is the internet of things, and how does it differ from things on the internet? Do the states tax electrons, things we can perceive created by electrons, things connected by electrons, or electrons that serve a particular purpose like advertising? How does tax policy or existing law apply to new creations like Web3, NFTs, and AI? Isn’t the metaverse fictional and therefore exempt from taxation? (60 Min.) | Eric Anderson Managing Director, Andersen Tax LLC Kyle Brehm State & Local Tax Attorney, Fredrikson & Byron Carolynn Kranz Manager Member, Kranz & Associates PLLC Robert Weyman Principal, KPMG LLP |
| 3:00 | 3:15 | Break | ||
| 3:15 | 4:15 | 60 | Sales and Use Tax: What’s the Latest and Where Are We Headed? Sagging state tax collections are accelerating the growth of the sales and use tax base as states are looking for creative ways to plug budget gaps. In addition, changes in technology and consumer spending habits are presenting new complex sales and use tax issues. This session will identify trends to keep an eye on and delve into important sales and use tax developments, including legislation and litigation, impacting business across the country. (60 Min.) | Zack Atkins Partner, Pillsbury Winthrop Shaw Pittman LLP Jackie Orea Managing Director, Andersen Tax LLC Patrick Reynolds President & Executive Director, Council On State Taxation |
| 4:15 | 5:15 | 60 | Marketplace: Caveat Emptor No More In simpler times, online customers made purchases on the internet “free” of sales tax, blissfully unaware that they were required to pay a use tax. Now that states across the nation have adopted marketplace facilitator statutes, the burdens for dealing with the often inconsistent requirements to collect sales tax on online transactions are placed firmly on the seller. This panel will discuss some of the recent developments in marketplace facilitator provisions and issues and strategies for navigating the patchwork of state laws. (60 Min.) | Stephen Jasper Partner, Bass Berry & Sims PLC Nikki Dobay Shareholder, Greenberg Traurig LLP Jennifer Jensen Partner, PwC |
| 5:15 | Adjourn | |||
| 5:15 | 7:00 | Cocktail Reception – Sponsored by Tax Notes | ||
| TOTAL | DAY | 240 | CLE: 4 hours – CPE: 4.8 hours (4.5 NASBA) |