October 1, 2021
Thursday, October 21 | Examining the MTC’s revised statement on P.L. 86-272: Updates, impact and considerations (1 pm ET)
Join us for a discussion of how multistate taxpayers may be affected by the Multistate Tax Commission's (MTC) recently approved fourth revision to its Statement of Information concerning practices of the MTC and supporting states under P.L. 86-272 (statement). The revision added a new section on protected and unprotected activities conducted over the internet and clarified other items such as those performed by telecommuting employees and independent contractors, among other changes.
The statement generally limits the activities protected under P.L. 86-272, which generally prohibits the imposition of state income tax on out-of-state sellers whose in-state activities do not exceed soliciting orders of tangible personal property. On the webcast, we'll focus on the changes made to the statement as part of the fourth revision, the application and impact of those revisions and the considerations for multistate taxpayers. Specifically, our panelists will:
Please join us for this 75-minute, interactive webcast. We welcome and encourage you to ask questions.
Date: Thursday, October 21, 2021
Time: 1:00-2:15 p.m. EDT New York; 10:00-11:15 a.m. PDT Los Angeles
Registration: View archive here.
Joe Huddleston, Indirect, State and Local Tax, Ernst & Young LLP, Washington, DC
Carl Joseph, Indirect, State and Local Tax, Ernst & Young LLP, Sacramento, CA
Karen Currie, Indirect, State and Local Tax, Ernst & Young LLP, Dallas, TX
CPE credit offered: up to 1.4 depending on actual duration. Recommended field of study: Taxes. Learning objectives: Understand the protection offered by P.L. 86-272 and the MTC's statement on activities that are and are not protected, describe the recently adopted revisions to the statement, explain the application and impact of those revisions and identify considerations for multistate taxpayers. This intermediate level, group internet-based course has no prerequisites or advanced preparation. Final CPE award to be based on content, polling and length of participation. See CPE FAQ for more information.
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