Overview:
Multistate taxation has never been a more relevant topic. This course helps professionals skillfully navigate the maze of multistate corporate tax codes.. Be the one to guide your client skillfully through the maze of multistate corporate tax codes. Rapidly develop a working knowledge of both multistate tax compliance and related planning opportunities.
Objectives:
- Identify nexus issues.
- Distinguish between apportionment and allocation.
- Identify the limitations of Public Law 86-272.
- Identify the key cases defining a unitary relationship.
- Recognize the different unitary tests.
Major Topics:
Constitutional limits and P.L. 86-272 Interstate activity, nexus, UDITPA, MTC Calculation of state taxable income Filing methods for multistate taxpayers Apportionment and allocation Multistate income tax planning
Major Topics:
Constitutional limits and P.L. 86-272 Interstate activity, nexus, UDITPA, MTC Calculation of state taxable income Filing methods for multistate taxpayers Apportionment and allocation Multistate income tax planning
Designed For:
Tax practitioners with corporate taxation experience who have clients working in numerous states.
Prerequisites:
Experience in federal income taxation