Leading through uncertainty – Navigating multistate tax with confidence
Now in its 17th year, this year’s Symposium will explore significant issues facing today’s multistate tax practitioners, focused on how we can confidently move forward in this volatile and complex world to proactively respond, recover, and thrive. The value-driven forum will offer businesses the opportunity to hear from and interact virtually with leading practitioners, industry peers, and colleagues from across the country.
Each day will start with a featured plenary covering select aspects and issues in multistate taxation, followed by related electives of your choice.
- Tax policy and politics on the Hill in light of the November 2020 election results and the pandemic, including insight into who the key decision-makers on tax policy may be, whether tax increases or tax cuts are on the table, and when we might see action on important tax items.
- Recent developments and trends in multistate taxation, including tips for proactively monitoring and preparing for a potentially very busy year of tax law changes in the upcoming 2021 state and local legislative sessions.
- Analyzing the accelerated business model and operational changes within corporate tax departments to cope with increased intricacy and demand in tax and how to improve efficiency, add more value, and adapt as a strategic partner with C-suite executives and boards.
- Navigating the breadth of multistate tax issues and practical implications facing businesses with remote workforces, including nexus, tax base, apportionment, and sourcing and situsing considerations for income-based taxes, as well as non-income-based taxes (e.g., sales and use, property and occupancy, and gross receipts), at state and local levels.
- Managing remote audit and administrative controversies during a pandemic, including accompanying data management and technology considerations, and proactively engaging with state and local taxing authorities in our newer reality.
- Accounting for state tax law developments that may affect your business’s overall tax rate and financial statements from both ASC 740 and ASC 450 perspectives.
- State tax agency officials’ perspectives and insights on our newer reality, including how they may be responding to state and local budget shortfalls and the types of administrative and legislative solutions they would like to see, as well as their thoughts on select issues and trends facing states and business organizations today.
- Addressing critical issues facing today’s corporate tax department and examining some leading practices for efficiently confronting and addressing these unique issues with initiative, tenacity, and resilience.