HomeWebcastThe South Dakota v. Wayfair Decision: Your Business and the Evolving Sales Tax Landscape
Online CLE Sales Tax CLE

The South Dakota v. Wayfair Decision: Your Business and the Evolving Sales Tax Landscape

Live Webcast Date: Tuesday, March 19, 2019 from 12:00 pm to 1:30 pm (ET)
Taxation (CPE)Recording

Online CLE Sales Tax

In its South Dakota v. Wayfair, Inc. decision, the Supreme Court abandoned Quill Corp. v. North Dakota's physical presence nexus standard, giving states broadened ability to collect tax from online sellers. To settle the remaining South Dakota issues, South Dakota and Wayfair Inc., et al., entered into an agreement wherein the latter will have to comply with the former’s remote seller law.

The South Dakota ruling is expected to have sweeping implications on online retailing and modern e-commerce. Companies need to keep themselves abreast of the recent developments in sales tax collection, particularly in light of South Dakota, to ensure compliance and avoid litigation.

Listen as a panel of distinguished professionals organized by The Knowledge Group provide the audience with the latest sales tax issues in South Dakota v. Wayfair, Inc. Speakers, among other things, will discuss what there is to know in the evolving sales tax landscape.

This Webcast will discuss the following key provisions:

  • South Dakota v. Wayfair – An Overview
  • Latest Updates and Developments
  • Implications to Sales Tax Landscape
  • Ramifications to Remote Sellers
  • What’s to Come for the Online Retailing Industry?
  • Sales Tax Compliance and Collection in the Years to Come

Agenda

SEGMENT 1:
Richard Cram
, Director, National Nexus Program
Multistate Tax Commission

  • Provide an update on state efforts to date to implement Wayfair economic nexus by statute, regulation or notice.
  • Describe the current status of state notice and reporting requirements, “click-thru nexus” and “cookie nexus” provisions after Wayfair.
  • Describe state efforts to impose marketplace facilitator/provider collection requirements through legislation or litigation.
  • Provide a brief description of the MTC Multistate Voluntary Disclosure Program.

SEGMENT 2:
Charles Maniace
, Director of Regulatory Analysis
Sovos

Varying Rules

  1. How some states are looking at gross sales versus retail sales…and what that means to determining your obligation
  2. How some states are looking to total transactions and others to just retail transactions or non-resale transactions, and how some are only looking at goods (I think one state has a good rule)
  3. How states have different rules regarding how sellers should report (or not report) marketplace transactions

Open Questions

  1. The open question of whether states count marketplace sales as a sale when determining Wayfair thresholds
  2. Maybe mention some open questions – for example how to handle refunds when tax was originally calculated by a marketplace? Who has liability – are marketplaces protected?

Pitfalls

  1. Massachusetts………. deeper dive on how cookie nexus is different from traditional economic nexus
  2. Louisiana – are they backing out of their simplified rate structure
  3. Alaska Locals – are they really going to try something?
  4. Late Breakers in DC, the Florida proposal, etc.

SEGMENT 3:
Richard B. Fry III
, Partner
Buckingham, Doolittle & Burroughs, LLC

  • What other state taxes obligations may arise from sales tax registration? How does P.L. 86-272 protect taxpayers from income-based taxes?
  • How are the larger states (TX, CA, NY, FL) responding to Wayfair?
  • What service providers need to know about sales tax collection.

Who Should Attend

  • Chief Financial Officers
  • Tax Professionals
  • Controllers
  • Accounting Executives
  • Finance Executives
  • Tax Lawyers
  • Retailers, Distributors, Manufacturers and Vendors
  • Other interested professionals

Preview Podcast

Please click the podcast below to hear the speakers discuss the key topics for this webcast.

Online CLE Sales Tax

SEGMENT 1:
Richard Cram
, Director, National Nexus Program
Multistate Tax Commission

  • Provide an update on state efforts to date to implement Wayfair economic nexus by statute, regulation or notice.
  • Describe the current status of state notice and reporting requirements, “click-thru nexus” and “cookie nexus” provisions after Wayfair.
  • Describe state efforts to impose marketplace facilitator/provider collection requirements through legislation or litigation.
  • Provide a brief description of the MTC Multistate Voluntary Disclosure Program.

SEGMENT 2:
Charles Maniace
, Director of Regulatory Analysis
Sovos

Varying Rules

  1. How some states are looking at gross sales versus retail sales…and what that means to determining your obligation
  2. How some states are looking to total transactions and others to just retail transactions or non-resale transactions, and how some are only looking at goods (I think one state has a good rule)
  3. How states have different rules regarding how sellers should report (or not report) marketplace transactions

Open Questions

  1. The open question of whether states count marketplace sales as a sale when determining Wayfair thresholds
  2. Maybe mention some open questions – for example how to handle refunds when tax was originally calculated by a marketplace? Who has liability – are marketplaces protected?

Pitfalls

  1. Massachusetts………. deeper dive on how cookie nexus is different from traditional economic nexus
  2. Louisiana – are they backing out of their simplified rate structure
  3. Alaska Locals – are they really going to try something?
  4. Late Breakers in DC, the Florida proposal, etc.

SEGMENT 3:
Richard B. Fry III
, Partner
Buckingham, Doolittle & Burroughs, LLC

  • What other state taxes obligations may arise from sales tax registration? How does P.L. 86-272 protect taxpayers from income-based taxes?
  • How are the larger states (TX, CA, NY, FL) responding to Wayfair?
  • What service providers need to know about sales tax collection.

Online CLE Sales Tax

Online CLE Sales Tax

Charles ManiaceDirector of Regulatory AnalysisSovos

Charles Maniace is the Director of Regulatory Analysis at Sovos, a leading global provider of software that safeguards businesses from the burden and risk of modern tax. An attorney by trade, Chuck leads a team of attorneys and tax professionals responsible for all the tax and regulatory content that keeps Sovos customers continually compliant. Over his 15 year career in tax and regulatory automation, he has provided analysis to the Wall Street Journal, NBC, Yahoo! Finance, Politico, USA Today, Entrepreneur and more.


Click Here to Read Additional Material

Online CLE Sales Tax

Course Level:
   Intermediate

Advance Preparation:
   Print and review course materials

Method Of Presentation:
   On-demand Webcast

Prerequisite:
   General knowledge in sales tax compliance

Course Code:
   147794

NY Category of CLE Credit:
   Areas of Professional Practice

Total Credits:
    1.5 CLE

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About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

Charles Maniace is the Director of Regulatory Analysis at Sovos, a leading global provider of software that safeguards businesses from the burden and risk of modern tax. An attorney by trade, Chuck leads a team of attorneys and tax professionals responsible for all the tax and regulatory content that keeps Sovos customers continually compliant. Over his 15 year career in tax and regulatory automation, he has provided analysis to the Wall Street Journal, NBC, Yahoo! Finance, Politico, USA Today, Entrepreneur and more.

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