SALES & USE TAXES SESSION

      Tuesday, October 25, 2011  
Start End Minutes Topic Speaker(s)
Noon     Registration  
12:55     Welcome and Introductory Remarks  
1:00 2:00 60 Recent Developments in Sales & Use Tax Exemptions and Exclusions: Nothing reflects public policy and economic development (as well as special interests) as much as sales tax exemption and exclusions. What are the current trends in this area? 

Faranak Naghavi, National Director – Sales and Use Tax; Ernst & Young; Washington, D.C.

Loren Chumley, Principal, WNT-State & Local Tax; KPMG LLP; Nashville, Tennessee  

2:00 3:00 60

Accounting for Sales and Use Taxes:  Planning Considerations for FASB 5 Compliance and Discussion of Internal Controls in light of the SEC settlement of In the Matter of Hudson Highland Group, Inc.

Sue Haffield, PWC

 

Kyle O. Sollie, Partner, Reed Smith LLP; Philadelphia, PA  

 

Kevin Berry, General Electric 

3:00 3:15   Break  
3:15 4:05 50 What’s Next? In the Aftermath of SSTP, the panel will discuss the next wave of initiatives for the taxation of remote sellers.  The presentation will review the history of SSTP and describe its current status  There will be a critique of its likely future direction with a discussion of possible viable alternatives to SSTP under consideration and an analysis of their likelihood of success.

Charles Trost, Waller Lansden Dortch & Davis, LLP; Nashville, TN

Rich Prem, Vice President – Indirect Taxes & Tax Reporting; Amazon.com; Seattle, WA

Warren Townsend - Wal-Mart; Bentonville, AR

4:05 5:15 70

It’s All in the Clouds --- Cloud Computing and the Taxation of Digital Goods and Services. Where does the provider have nexus; how should the transactions be sourced; how to comply with differing, and constantly changing rules.

Rich Prem, Vice President – Indirect Taxes & Tax Reporting; Amazon.com; Seattle, Washington

Carolynn Iafrate Kranz, Chief Operating Officer; Industry Sales Tax Solutions; Washington, D.C.

 

5:15     Adjourn  
TOTAL DAY 240 CLE: 4 Hrs. - CPE: 4.8 Hrs. (4.5 NASBA)  
5:15 7:00   Pre-Registration for Thursday/Friday  
5:15 7:00   Reception