Economic Nexus Standards in State Taxation

Lorman Education Services
BenefitsA state's ability to impose taxes on a multistate business is limited by nexus standards rooted in the U.S. Constitution. In 1992, the U.S. Supreme Court reaffirmed its longstanding rule and held in Quill Corp. v. North Dakota that nexus requires some form of physical presence in the taxing state. In today's economy, however, states are continuing to push nexus limits farther than ever before and have begun to reach beyond traditional notions of nexus by relying on economic connections to create nexus. Is merely having customers in a state or generating income from a state enough to create tax obligations?

This audio conference will explore the concept of economic nexus and update recent judicial and legislative developments. Understand emerging trends in this area and why merely having customers in Ohio and Michigan could subject you to new business tax liabilities. Learn how to handle nexus inquiries and which states to look out for in terms of nexus planning.

This audio conference is a must for any business that sells to or generates receipts from customers in states where they otherwise have no other connections.

This audio conference is designed for accountants, CPAs, controllers, attorneys, CFOs, tax managers, finance directors, accounts payable professionals, bookkeepers and enrolled agents.
This is primarily teleseminar training
instructor led trainingThis class may be available at a classroom in Milwaukee, WI,
Duration:1 days
Training Presented in:English
Training Provided by Lorman Education Services
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies. Please use Priority Code 16175 when registering. Lorman Education Services began offering continuing education seminars in 1987. Lorman Education is dedicated to providing cost-effective training opportunities that...
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