Hot Issues in Determining Multi-State Sales Tax Nexus

Gina J. Lowdermilk

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Description: 

Each year, states lose between $8 and $34 billion in sales tax revenue due to the history of rulings against states attempting to change the definition of nexus from physical presence to economic nexus.

On 6/21/18, the U.S. Supreme Court ruled in Wayfair, Inc. v. N.D, that, in the granddaddy of all nexus cases, the National Bellas Hess Case of 1967, the USSC got it wrong.  In so doing, they opened the door for states to force out-of-state sellers with no physical presence in their state to register, collect and remit sales tax simply because they have customers in their states. Join us to gain valuable insight into the complex issues of interstate sales and the obligations of out-of-state (foreign) sellers to collect the destination state’s taxes in light of this new ruling.

Get up-to-date information about the retailing giants and their fights with the various states. Take a ring-side seat with an expert who will share the anticipated outcomes

Background:
States are excited.  They finally have an opportunity to collect the revenue they so desperately need.  Billions of dollars of internet sales occur annually without tax.  The states now have the opportunity to collect all of it from the retailers.  In just 90 minutes, learn the different ways your company triggers nexus on itself and what it must do to comply with state regulations.

Why Should you Attend:

Will I owe taxes in more than one state for the same sale?  Must I charge tax on my internet sales?  Will the states force all sellers to comply or will they extend an exception for smaller businesses who do not have the resources to comply with the burden of multi-state tax filings. Why is my drop shipper charging me tax? 
Learn how nexus works under Wayfair and the risks of not registering. Take the best corrective action when you discover you are out of compliance.

Areas Covered in the Webinar:

  • Now that the states have the power to force all out-of-state retailers to collect their sales tax; learn how they intend to execute the new ruling
  • Perform a SWOT analysis of your company regarding sales and use tax knowledge and risk exposure.
  • Get proactive.  Lobby your government leaders on this subject.
  • Where the mega-retailers stand in their fights to avoid universal sales and use tax nexus and why their fight is your fight
  • Stay connected. Always be aware of the state’s moves.  Stay ahead of the states by planning  for their success while defending your preferences
  • Where to begin if your company is delinquent in registering, collecting and remitting other states’ sales and use taxes 
  • Learn how to work out “Offers in compromise” or “Voluntary Disclosures” before the state finds you 

Who Will Benefit:

  • Information Reporting Officers
  • Tax Managers
  • Compliance Officers
  • Compliance Managers
  • CFOs
  • Controllers
  • Accounting Managers
  • Auditors
  • IT Managers
  • Risk Managers 
Webinar Events
Live -Coming soon!

Training CD-DVD

Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment


Recorded video

Recorded video session



Speaker: Gina J. Lowdermilk, BSA/Compliance Auditor and Consultant

Dr. Gina J. Lowdermilk,PhD (ABD), CAMS, CRMS is a highly experienced and educated BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.

Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. She has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as requested from numerous clients.


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