BarbriSFCourseDetails
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Course Details

Course Information
  • smart_display Format

    On-Demand

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Corporate Tax

Date & Time
  • event Date

    Thursday, November 30, 2023

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    110 minutes

Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

$247.00
CPE
ALL

This course will provide tax professionals with a detailed and practical guide to the latest state developments and trends impacting multistate companies dealing with digital products and services (cloud computing) as either seller or buyer. The panel will offer compliance approaches for adjusting to these multistate developments.

Faculty

Ilya A. Lipin
Tax Principal, Mid-Atlantic Region State and Local Tax Practice Leader
BDO USA

Mr. Lipin provides clients with state tax advice in the area of multistate income taxes, sales and use taxes, tax controversy, compliance, and various SALT aspects that arise from M&A transactions.

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Melissa Myers
Managing Director, SALT, Sales & Use Tax
BDO USA

Ms. Myers has more than 17 years experience in the sales and use tax field. As a Sales & Use Tax Managing Director at BDO, her responsibility is to manage client projects covering Sales and Use Tax Refund Reviews, Audit Defense, Multi-State Voluntary Disclosure Agreements, Multi-State Transactional Analysis Report preparation, Nexus Surveys, State Letter Rulings, Sales and Use Tax Registrations, Sales and Use Tax Trainings, and Multi-State Compliance. 

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Description

States' sales and use taxes applied to sales of web-accessed and downloaded digital products and services are dynamic and complex for corporate sales tax professionals. Buyers and sellers must confront and navigate inconsistencies among states' tax treatment of cloud-based goods and services.

States vary considerably on whether cloud-based software, data, or applications are subject to sales and use tax. While there is a general distinction between the treatment of prewritten software and other digital products, there is no consensus among U.S. jurisdictions on whether cloud-based goods or services are taxable. States facing revenue shortfalls seek to extend their sales tax jurisdiction to products accessed via the cloud.

Several state and local jurisdictions impose tax on digital purchases either through existing or digital-specific tax laws. To ensure compliance, tax staff must stay abreast of myriad state laws, policies, sourcing rules, and taxation.

Listen as our panel of veteran tax advisers suggests tactics for fine-tuning your company's sales and use tax compliance and planning in response to the dynamic and varying treatment of digital products and services by state tax authorities.

Outline

  1. State-by-state legislative and administrative update
  2. An overview of state laws
  3. Recent developments as states seek to extend sales and use tax jurisdiction
  4. Sourcing and nexus with digital transactions
    1. Sourcing digital purchases and conflicting state approaches
    2. Nexus: How do digital purchases impact click-through nexus?
  5. Cloud computing and other problematic products and services

Benefits

The panel will review these and other key issues:

  • States' varying approaches on sales tax for digital products and services
  • How the SSTP addresses sales of digital products and services
  • States' recent guidance and legislation
  • How digital transactions are taxed in specific jurisdictions

NASBA Details

Learning Objectives

After completing this course, you will be able to:

  • Identify recent changes in states' approaches to imposing sales and use tax on goods and services downloaded via the cloud
  • Recognize various states' sales and use tax approaches to downloading prepackaged or licensed software
  • Discern trends of states seeking to expand sales tax jurisdiction over click-through and cloud services
  • Determine compliance tactics and approaches to sourcing digital sales or purchases

  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite: Three years+ business or public firm experience at mid-level within the organization, preparing complex tax forms and schedules; supervisory authority over other preparers/accountants. Specific knowledge and understanding of state sales and use tax on Software as a Service (SaaS) and other digitally-delivered goods and services affecting multistate companies.

Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.