Professional Development:An Introduction to Multi-State Sales Taxes for Maine Business Owners
Professional Development: An Introduction to Multi-State Sales Taxes for Maine Business Owners
Leanne Scott, JD, LL.M.
Baker, Newman, Noyes
Brann & Isaacson
Leanne is a senior manager in the firm’s Boston tax practice, specializing in the state and local taxation of businesses and individuals. She works with multiple areas of state and local taxation, including income, franchise, and gross receipts taxes, sales and use tax, premium tax, and other tax types. Leanne’s experience includes tax consulting, multi-state tax planning, tax controversies, credits and incentives, and return preparation and review.
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Jamie focuses her practice on assisting businesses in all aspects of state and local tax controversy, from regulatory and administrative proceedings through civil litigation. In the wake of the 2018 U.S. Supreme Court decision in South Dakota v. Wayfair, in which Brann & Isaacson represented Wayfair, she also works with remote retailers of all sizes to evaluate their economic nexus profile, consider a sales and use tax collection action plan, and register with state and local tax authorities across the U.S.D
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Do you own or manage a Maine-based business? Do you sell products or services to clients and customers outside of Maine? Are you handling your own state tax reporting for your company, or as an accountant on behalf of Maine businesses?
The Supreme Court’s 1992 holding in Quill v. North Dakota – which prevented states from requiring sales tax collection by a retailer without a physical presence – was overturned last year. On June 21, 2018, the Supreme Court’s decision in South Dakota v. Wayfair, Inc. upended the sales tax industry, leading to a wave of state and local tax policy changes that particularly impact multi-state businesses. Taxpayer nexus in a state now requires no more than a sufficient economic or virtual presence, and the majority of states now require businesses that do not have any physical presence to register and collect the state’s sales or use taxes if the business’ economic activity in their state exceeds specified thresholds. Perhaps the most troubling development in state taxation post-Wayfair is keeping up with each state and local jurisdiction’s response to the Court’s decision.
Join a team of state and local tax specialists Jamie Szal, from local firm Brann & Isaacson, and Leanne Scott, from Baker Newman Noyes, to learn about the far-reaching impact of the Wayfair ruling, not only on sales tax but other business taxes, and how it could affect your business.
The presentation will cover:
- General requirements adopted by various states under the Wayfair ruling
- States and localities that are contemplating changing nexus standards
- Various nexus methods and the risks arising from each
- What to consider before registering your business in a new state
- The obstacles faced by businesses that are working to comply with the states’ new laws
- Other key state nexus developments
Please note: If you wish to cancel your registration for this event, please be advised that The Chamber requires notification of cancellation at least 2 business days (no less than 48 hours before the start time) in advance of the event. Otherwise, no refunds will be issued.