Cloudy with a Chance of Nexus: Bloomberg BNA Webinar to Analyze 2012 Survey of State Tax Departments


The results of Bloomberg BNA's 2012 Survey of State Tax Departments will be analyzed by state tax policy experts on both sides of the nexus debate in “Cloudy with a Chance of Nexus,” a Bloomberg BNA Webinar to be offered from 12:30 to 2 p.m. on May 17.

Registration for this webinar will also include a complimentary copy of Bloomberg BNA’s 2012 Survey of State Tax Departments (a $125 value).           

The 2012 survey focuses on how the states are taxing the new technologies and transactions that have emerged as the U.S. economy continues to shift from bricks and mortar of Main Street to the web-based world, which mostly operates independent of state or local borders.          

This webinar covers the results of Bloomberg BNA's 2012 Survey of State Tax Departments. The survey clarifies each state's position on income and sales tax nexus.

Leading State Authorities

Offering insights about the survey results and current trends on the webinar will be:

  •   Fred Nicely, tax counsel for the Council On State Taxation (COST); and
    • Thomas Shimkin, director of the Multistate Tax Commission's National Nexus Program.

    This year, the states told us the different scenarios under which income tax nexus could be triggered by an out-of-state corporation engaged in cloud computing activities within their borders. The states also indicated if they would impose sales tax on fees paid by in-state customers to access pre-written software on the internet. Each jurisdiction was also asked to explain its sales and use tax treatment of goods or service purchased with a social media coupon.  Income tax nexus questions covered activities such as telecommuting, hosting a webinar for in-state registrants, and receiving management fees from related or unrelated entities. Sales and use tax nexus questions covered activities such as affiliate nexus, digital property, and franchise agreements.
             

    Expectations of Participants
             

    Upon completion of this program, participants will be able to:

    •   know the latest developments and trends regarding income and sales tax nexus,
      • identify the types of activities, which by themselves, might be sufficient to trigger income or sales tax nexus in a state,
      • understand the legal theories upon which the emerging state nexus doctrines are based,
      • anticipate the nexus claims that may arise as a result of certain types of activities, and
      • compare the types of nexus policies adopted by the different jurisdictions.

      By Steven Roll
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