Developments in Indirect Tax

      Wednesday, October 27, 2021  
Start End Minutes Topic Speaker(s)
12:00     Registration  
12:55     Welcome and Introductory Remarks  

1:00

2:00

60

Taxation of Digital Goods & Services

The speakers in this panel will discuss recent sales and use tax developments – including litigation and legislative proposals – associated with digital goods and services. The developments will be compared to the treatment of digital products provided in the Streamlined Sales and Use Tax Agreement to find commonalities and important differences.  The speakers will also provide an evaluation of new taxes proposed and implemented to tax digital services, including Maryland’s digital advertising tax.

Jeff Friedman, Partner, Eversheds Sutherland (US) LLP; Washington, DC

Grace Kyne, Senior Manager, EY; Waterford, CT

Fred Nicely, Senior Tax Counsel, Council On State Taxation; Washington, DC

2:00 3:00 60

M&A Sales Tax Hot Topics

The first quarter of 2021 witnessed a near record-setting resurgence in the number and size of global M&A transactions. Still, both buyers and sellers face lingering uncertainty around sales and use tax exposure, particularly from state taxing authorities’ reactions to COVID-19, post-Wayfair economic nexus, and marketplace facilitator laws. This panel will consider the interplay of these trends, using real-world examples to illustrate best practices to addressing sales and use tax issues from the perspective of both buyer and seller.

Chris Wilson, Partner, Waller Lansden Dortch & Davis, LLP; Nashville, TN

Marc Grossman, Managing Director SALT, Crowe LLP; Atlanta, GA

Kelvin Lawrence, Partner, Dinsmore & Shohl LLP; Columbus, OH

Leighanne Scott, Member, Caplin & Drysdale; Washington, DC

3:00 3:15  

Break

 

3:15 4:15 60

Marketplace Laws – How’s It Going Out There?

What have we learned from the whirlwind of marketplace statutes adopted over the last few years? This panel will answer that question and share observations about trends and challenges resulting from the definitional disparities between the states and the lack of guidance on many aspects of the new laws, including: what products and services are captured by the statutes, sourcing marketplace sales, types of taxes and fees marketplaces must collect, the application of safe harbor provisions, and what was not addressed in model legislation.

Susan Haffield, Partner, PwC; Minneapolis, MN

Sarah McGahan, Managing Director, KPMG; Washington, DC 

R. Gregory Roberts, Member, Roberts Law Group, PLLC; White Plains, NY

Kathy Saxton, Tax Managing Director, Deloitte Tax LLP; Atlanta, GA

4:15

 

5:15 60

Current Developments And Trends In Sales And Use Tax

The world of sales and use tax is constantly evolving through changes in laws, implementation of technology by both taxpayers and tax administrators, and a changing view of the role of tax departments in general.  In this presentation, the panel will discuss a variety of new topics indirect taxpayers face, including what the future may hold with regard to real time sales and use tax reporting, sales and use tax issues that accompany intercompany transactions and purchase allocations, and the changing role of SSUTA. 

 

 

 

Benjamin Bright, Director, HCA Healthcare, Inc.; Nashville, TN

Lauren Jones, Senior Manager, RSM US LLP; Charlotte, NC

Justin Stringfield, Tax Managing Director, KPMG LLP; Nashville, TN

Jennifer White, Attorney, Reed Smith LLP; New York, NY

5:15     Adjourn  
         
TOTAL DAY 240

CLE: 4 hours - CPE: 4.8 hours (4.5 NASBA)