abstract technology insights funneled into human beings


The 2020 National Multistate Tax Symposium

Presented by Deloitte Tax LLP in collaboration with the Tax Section of the Florida Bar, the Symposium was held on January 29–31, 2020 at Disney’s Grand Floridian Resort & Spa, Lake Buena Vista, Florida.

Mastering the art (and articulation) of state tax: Distilling the complex

Now in its 16th year, this year’s Symposium delved into the practical tax technical implications of our new age of Multistate taxation—but with emphasis on how an organization’s state tax leaders may deliver greater value to their business partners by distilling the complex for greater impact in the C-suite while aligning with your business’s priorities. The value-driven forum offered businesses the opportunity to hear from and interact with leading practitioners, industry peers, and colleagues from across the country.

Highlights included

  • Navigating the maze of ongoing state tax base and apportionment factor representation complexities post-TCJA, and how your state tax team may “simplify the complex” and articulate the nuance of underlying multistate principles, potential opportunities and issues
  • Accounting for state tax law developments that may impact your business’s overall tax rate and financial statements, including nexus post-Wayfair—both from ASC 740 and ASC 450 perspectives
  • Trends in the corporate tax department function and tax transformation, emphasizing leading practices for cultivating a company’s tax talent and capabilities, and incorporating newer technologies to help deliver greater financial and strategic value
  • How credits and incentives (C&I) matters to all of us, especially in communicating with non-tax professionals in an organization about how C&I opportunities (or downsides) may be enhanced (or averted) with proper planning, documentation, execution, and maintenance
  • Tax policy and politics on the Hill, including issues that companies may want to monitor in advance of the November 2020 elections and beyond
  • State tax agency officials’ perspectives and insights on tax reform and Wayfair, and how they believe their own state governments and taxpayers are coping, as well as their thoughts on select issues and trends facing the states and business organizations today
  • State indirect tax complexities post-Wayfair, including how internal IT systems, business models and processes may be impacted, as well as emerging issues over required recordkeeping, audit exposure and liability protections, and determining who is the “retailer” and “responsible party” in a transaction.
  • A closer look at administrative interpretations in state tax controversies and whether federal principles of administrative agency deference apply to state tax audits and controversies.
  • The evolution and expansion of taxation by local taxing authorities, including higher property taxes on some businesses, and whether federal and state constitutional limitations apply to some of these latest locally-imposed taxes.

Get in touch

Valerie Dickerson

Valerie Dickerson

Partner | Deloitte Tax LLP

Valerie is the Multistate Tax practice leader for the Washington National Tax (WNT) office of Deloitte Tax LLP and competency leader for Deloitte Tax’s Multistate Tax Controversy Resolution Services a... More