FMN Taxes  |  Format: Flash

Pursuing Tax Revenue from ''Out-of-Staters'': What You Can Do

Course Overview
In overruling a half-century of precedents, the U.S. Supreme Court recently ruled that states can now require remote and online businesses to collect and remit sales taxes. Lindsay LaCava, a partner in the law firm of Baker & McKenzie LLP, examines the reasons for the High Court�s decision, while showing how you can prepare to lessen the upcoming tax compliance burden as states increasingly target out-of-state businesses as an additional source of needed revenue.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Identify why the U.S. Supreme Court decided to overrule its precedential decisions on sales tax nexus;
  • Define how "substantial nexus" is required under South Dakota statutes;
  • Distinguish between the proposed Marketplace Fairness Act and the proposed Online Sales Simplification Act; and
  • Explain why "tattletale" laws are considered burdensome by businesses.

    Catalog Number: FMN1266-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: FMN Online
    Advanced Preparation:
    Work experience in tax planning or tax compliance, or an introductory course in taxation.
    Course Level: Update
    Field of Study: Taxes
    Content Partner: FMN Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Aug 10, 2018 / Mar 13, 2020