SALES & USE TAX DEVELOPMENTS:

      Monday, October 28th, 2019  
Start End Minutes Topic Speaker(s)
12:00     Registration  
12:55     Welcome and Introductory Remarks  
1:00 2:00 60

The Ever-Expanding Sales & Use Tax Base

When most state sales taxes were enacted, services were a relatively small part of consumer spending. Now, services represent more than 60 percent of individual spending and are the fastest-growing area of consumption. This session will provide an overview of multistate sales taxation of services, legislative and administrative efforts to tax services, and other strategies that states and localities are taking to further expand the sales tax base, including the creative “shrinking” of exemptions and shoehorning of services into older, unrelated sales tax laws. 

Anne Duffy, Partner, EY; San Francisco, CA

Matthew Mantle, Partner, State & Local Tax, Jones Walker LLP; New Orleans, LA

Jim Tauber, Managing Director, Andersen Tax LLC; Chicago, IL

2:00

 

3:00 60

Construction Services–Build it and They Will Come

It’s important to understand the impact of tax rules and regulations before you get hit with an audit. It’s not easy because the law can be different depending on the type of project, where it is, and who it’s for. To add to the complexity, whether you use lump-sum contracts or bill on a time-and-materials basis can make a difference. This panel will discuss practical insights and observations facing this challenging industry.

John Barnes, Senior Director, Transaction Tax, T-Mobile; Overland Park, KS

Leah Robinson, Partner, Mayer Brown LLP; New York, NY

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

Andrew Wagner, Retired VP-Law, FedEx Corporation; Memphis, TN

3:00 3:15   Break  
3:15 4:15 60 

Sales and Use Taxes – A Purchaser’s Perspective

While the U.S. Supreme Court’s Wayfair decision obviously impacted all aspects of sales and use tax compliance for remote sellers, the buy-side impact has been no less profound. Businesses that historically relied upon vendors to charge tax or self-assessed tax now have increased risk of double-taxation or over-taxation. The complexity of tracking tax payments and accruals across multiple supply chains adds to this risk. This panel will highlight some of these challenges and discuss potential solutions and best practices for internal and external compliance systems and processes. 

Benjamin Bright, Director Sales & Use Tax, HCA Healthcare, Inc.; Nashville, TN

Faranak Naghavi, Partner, EY; Washington, D.C.

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

4:15 5:15  

Constructive Possession – What Does It Mean?

This session will explore the concept of constructive possession, how constructive possession fits (or doesn’t fit) within the established legal framework in states, and how states are applying the concept of constructive possession to the new economy.  The session will also include an overview of recent judicial and administrative developments throughout the country and explore the interplay between constructive possession as a basis for taxability and state rules for sourcing sales.

Catherine Del Re, Partner, RSM US LLP; Edison, NJ

Matt Hedstrom, Alston & Bird LLP; New York, NY 

R. Gregory Roberts, Partner, Reed Smith LLP; New York, NY 

5:15

5:15

 

6:00

 

Adjourn

Pre-Registration for Tuesday/Wednesday attendees

 
5:15 7:00   Reception   
TOTAL DAY  240  CLE: 4 Hrs. - CPE: 4.8 Hrs. (4.5 NASBA)