|Event Date||Tue Mar 31 EDT (almost 2 years ago)|
This topic looks beyond the sales tax statutes and regulations, and instead focuses on the rulings, policy statements, and sales tax decision to help taxpayers and their advisors identify and understand the potential sales tax issues that need to be addressed. The material covers the various ways in which states have addressed the sales taxation of transactions involving software and cloud computing, including distinguishing between software and services as well as determining the sourcing of these transactions. In addition, new sales tax nexus rules are disrupting the status quo, especially for technology companies, and the information provided will help taxpayers understand where they may have sales tax compliance obligations. Understanding these issues is critical for companies in order to ensure proper sales tax compliance and to minimize the risk of sales tax exposure.
• You will be able to describe cloud computing and its related product/service offerings.
• You will be able to discuss the various ways in which states may subject cloud computing revenues to sales tax.
• You will be able to explain how the new economic nexus rules apply to clouding computing companies.
• You will be able to identify potential issues regarding the characterization of a transaction as the provision of software or a service.
Jeffrey C. Glickman, J.D., LL.M.
Partner-in-Charge, State & Local Tax Services, Aprio, LLP