CPE & Events Catalog
Multistate Taxation - Tax Staff Essentials
Theoretical conundrums and compliance issues
Multistate taxation has never been more relevant. This course helps you skillfully navigate the maze of corporate tax codes across jurisdictions.
Learners get fresh perspectives on:
Interstate activity and nexus
Modifications to federal tax income to arrive at state taxable income
Allocation and apportionment
Filing methods for multistate taxpayers
By spotlighting updates on the latest state tax reforms, this course will help you develop a working knowledge of both multistate tax compliance and related planning opportunities.
Multistate taxation has never been more relevant. This course helps you skillfully navigate the maze of corporate tax codes across jurisdictions.
Learners get fresh perspectives on:
By spotlighting updates on the latest state tax reforms, this course will help you develop a working knowledge of both multistate tax compliance and related planning opportunities.
Learning Objectives
- Identify the history of the Multistate Tax Commission and Uniform Division of Income for Tax Purposes Act.
- Distinguish between income tax and sales tax nexus.
- Identify the limitations of Public Law 86-272.
- Identify the most common additions to federal taxable income.
- Identify the most common subtractions from federal taxable income.
- Apply the tests for determining business and nonbusiness income.
- Determine the components of the traditional Massachusetts formula.
Highlights
· Identify the history of the Multistate Tax Commission and Uniform Division of Income for Tax Purposes Act.
· Distinguish between income tax and sales tax nexus.
· Identify the limitations of Public Law 86-272.
· Identify the most common additions to federal taxable income.
· Identify the most common subtractions from federal taxable income.
· Apply the tests for determining business and nonbusiness income.
· Determine the components of the traditional Massachusetts formula.
Event Level: Intermediate
Field of Study: Taxation
Who Should Attend
· Tax practitioners who have clients working in numerous states.
Required Knowledge
Working knowledge of federal income taxation
