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State and Local Taxation of Digital Products and Cloud Computing

Date: Monday, October 30, 2017
Time: 1:00 - 2:40 pm EST

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00
 

Do you know when cloud services are taxable? Learn from the experts when and how local sales and use tax is applied to cloud computing products.

The ‘Information Age' has introduced digital product offerings which have posed cognitive dilemmas for multistate sellers and consumers of such products.

In addition to understanding the nature of such products for purposes of analysis, tax and finance professionals must keep up with increasing state and local legislation and taxing authority developments applicable to digital products.

Add to this the ongoing problem that company data is often not available at the level of detail needed for state and local tax compliance, and the challenges may seem steep. This topic will help you to divide and conquer your state and local sales tax and income/franchise tax compliance issues.

Learning Objectives:

  • You will be able to recognize the nature of digital products and hosted services.
  • You will be able to identify and address the challenges digital product sellers and hosted services providers face in determining sales tax nexus and income/franchise tax nexus.
  • You will be able to review the sourcing of transactions for sales tax reporting and collection purposes and for income/franchise tax receipts factor apportionment purposes.
  • You will be able to discuss the quality of your company's transaction location data for state and local tax purposes.

This Live Webinar Covers These Hot Issues:

  • Introduction to Digital Products and Hosted Services
  • Sales Tax Nexus and Income/Franchise Tax Nexus for Digital Product Sellers and Hosted Services Providers
  • Characterization of Digital Products and Hosted Services for Sales Tax Determination Purposes and for Income/Franchise Tax Receipts Apportionment Purposes
  • Transaction Sourcing for Sales Tax Reporting and Collection Purposes and for Income/Franchise Tax Apportionment Purposes
  • Transaction Data Evaluation and Opportunities for Improvement

Credit Information (Sponsored by Lorman Education Services):

  • CPE
  • AIPB
  • NASBA

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Faculty:

Benjamin Diaz, Alvarez & Marsal Holdings, LLC

  • Managing director at Alvarez & Marsal Holdings, LLC, in Miami, FL
  • More than 20 years of state and local tax experience, including 8 years in the tax and business advisory practice of Arthur Andersen, and 3 years at Deloitte Tax
  • Serves the state and local income/franchise tax and sales/use tax needs of companies in a variety of industries, including retail, transportation, financial services, social media, business process and Information Technology outsourcing, and telecommunications
  • Focuses on state and local tax exposure analyses and domestic structural planning related to acquisitions and dispositions, state and local tax audit defense for income/franchise tax and sales tax, state and local income/franchise tax compliance and planning, and multistate tax ASC 740 and ASC 450-20 assistance
  • Specializes in the application of information technology for state and local tax compliance and planning purposes, including tax information system design and optimization of tax department operational effectiveness
  • Certified Public Accountant (CPA), member of the AICPA and Florida Institute of CPAs
  • Former adjunct professor in the Master of Accountancy Program at Florida International University
  • M.S.T degree in taxation, B.S. degree in accounting, with a double major in management information systems, Florida International University
  • Can be contacted at 305-704-6650, bdiaz@alvarezandmarsal.com or on LinkedIn at https://www.linkedin.com/in/bediaz

Laurie Wik, Alvarez & Marsal Holdings, LLC

  • Senior tax director at Alvarez & Marsal Holdings, LLC, in San Francisco, CA
  • More than 27 years in indirect tax in the Silicon Valley, including 9 years as state and local tax manager of a software and hosted services company and 11 years at Deloitte Tax, where Laurie led the Tax Technology Industry subsector group for the national indirect tax practice for several years
  • Focuses on sellers and consumers of digital, web-based, and IT products and services, and serves a diverse group of industries including technology, construction and engineering, biotech, and life sciences companies
  • Provides tax process diagnostic and process optimization services, sales/use tax exposure analyses and remediation, audit defense, nexus, and taxability analyses, sales/use tax overpayment reviews and capital expenditure planning
  • Certified member of the Institute for Professionals in Taxation (IPT)
  • Computer software and services instructor at IPT’s annual intermediate sales tax school
  • M.S.T degree in taxation, Golden Gate University, San Francisco; B.S. degree in business administration (accounting, finance) California State University - East Bay
  • Can be contacted at 415-490-2354, lwik@alvarezandmarsal.com or on LinkedIn at https://www.linkedin.com/in/laurie-wik

(Not available outside the US)