Hartman Highlights

      Tuesday, October 27th - Wednesday, October 28th, 2020  
Start End Minutes Topic Speaker(s)
         
2:00     Welcome and Introductory Remarks  
2:10 3:10 60

TCJA: States’ Reaction and COVID-19 Responsive Tax Provisions.

More than two years after the enactment of the “Tax Cuts and Jobs Act” of 2017, we continue to learn the state tax consequences of this historic change in US international taxation. The subsequent federal and state government response to COVID-19, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act, further impacts the state and local tax environment for multinational businesses. This panel will address that environment, particularly in relation to foreign source income, inbound versus outbound business and transactions, and the pandemic’s impact on state and local tax regimes.

Charles Britt, Partner, RSM US LLP; Raleigh, NC

Jessica Morgan, Senior Manager, EY; Cleveland, OH

Marilyn Wethekam, Partner, HMB Legal Counsel; Chicago, IL

3:10 3:20   Break  

3:20

4:20

60

Shades of PL 86-272

Now that economic nexus is largely the law of the land, Public Law 86-272 is being put in the spotlight as the last source of protection from taxation for out-of-sate businesses. This panel will explore how recent developments have helped shape the scope of protection provided by Public Law 86-282, including the Multistate Tax Commission’s current effort to amend its Statement of Information that addresses the states’ application of the statute. In the end, it will be up to you to decide whether any of this is shady business.

Michael Fatale, Deputy General Counsel, Massachusetts Department of Revenue; Boston, MA

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

Shirley Sicilian, National Director of State & Local Tax Controversy, KPMG LLP; Washington, DC

4:20 4:30  

Break

 
4:30 5:30 60

Top Ten Income Tax Cases

A perennial favorite at the Hartman SALT Forum, this program will again cover the top ten cases that all SALT professionals should be watching and offer insights on the issues that are likely to dominate in the coming year.

Bruce Fort, Senior Counsel, Multistate Tax Commission; Washington, DC

Lynn Gandhi, Partner, Foley & Lardner LLP; Detroit, MI

Hollis Hyans, Partner, Blank Rome LLP; New York, NY

         
5:30    

Adjourn

 
         
TOTAL DAY 180 CLE: 3 Hrs.; CPE: 3.6 Hrs. (3.5 NASBA)  
         
      WEDNESDAY  
2:00     Welcome & Einttroductory Remarks  

2:10

3:10

60

Visible Taxes Hidden Costs

State taxes are a significant expense item for large corporations. What most policy makers never see, however, are the excessive costs of complying with these taxes -- arising from complexity, special rules, lack of guidance, or conflicting guidance. This session will explore the reasons for these costs, particularly in areas such as false claims, contingent fee audits, decentralized administration, class actions, traveling employees, and daily sales tax remittance proposals.

 

 

William Backstrom, Partner, Jones Walker LLP; New Orleans, LA

Harley Duncan, Managing Director, KPMG LLP; Washington, DC

Douglas Lindholm, President & Executive Director, Council on State Taxation; Washington DC

3:10 3:20   Break  

3:20

4:20

60

The State of Transfer Pricing Examinations: A Muddying of Law and Logic

State tax agencies continue to conduct transfer pricing examinations, even though they often lack the necessary resources or expertise to review the intercompany transactions. As a result, many states have come to rely exclusively on a simplified Comparable Profits Method (CPM) to establish intercompany pricing. This simplified approach, to the exclusion of all globally accepted pricing methodologies, can produce bizarre pricing results that defy market logic. This presentation will explore U.S. and global intent in developing the CPM and explain why simplified CPM approaches rarely predict arm’s-length pricing.

Clark Calhoun, Partner, Alston & Bird LLP; Atlanta, GA

Priscilla Ayn Parrett, Counsel, Reed Smith LLP; San Francisco, CA

Kate Pascuzzi, State Tax Counsel, ConocoPhillips; Bartlesville, OK

4:20 4:30   Break  
4:30 5:30 60

Ethics – Ethical Dilemmas in a Technological World

Technology is supposed to make life easy, but it can cause ethical dilemmas too. This presentation will help you avoid those dilemmas by recognizing the traps when they arise and understanding how the various codes of ethics apply to the technology used by SALT practitioners, their employers, and clients. The panel will discuss the ABA Model Rules, the AICPA Statement on Standards for Tax Services, the IPT Canons of Ethics, and the role of IRS Circular 230 in governing the provision of tax services and focus on applying these standards to ethical dilemmas caused by the use or misuse of new technology.

Mark Holcomb, Shareholder, Dean, Mead & Dunbar, Tallahassee, FL

Janette Lohman, Partner, Thompson Coburn LLP, St. Louis, MO

Glenn McCoy Jr., Director, KPMG LLP; New York, NY

         
5:00     Adjourn  
TOTAL DAY 180

CLE: 3 Hrs. - CPE: 3.6 Hrs.
(3.5 NASBA)
(Includes 1 Ethics Hour)

 
         
TOTAL MON 180

CLE: 3 Hrs. - CPE: 3.6 Hrs (3.5 NASBA)

Each session
TOTAL TUES/WED 360 CLE: 6 Hrs. - CPE: 7.2 hrs. (7 NASBA)
(Includes 1 Ethics Hour)
Hartman Highlight Sessions
TOTAL ALL 3 DAYS 540 CLE: 9 Hrs. - CPE: 10.8 ( 10.5 NASBA)
(Includes 1 Ethics Hour)
TOTAL AVAILABLE HOURS