In what is likely the most significant state tax decision in more than 50 years, the
South Dakota v. Wayfair U.S. Supreme Court decision will have broad implications for states, e-commerce sellers, digital service providers, consumers, as well as buyers and sellers of businesses.
BDO USA, LLP and Wisconsin Department of Revenue and Streamlined Sales Tax Governing Board invites you to learn about the implications of
South Dakota v. Wayfair on sales and use tax compliance requirements, which states are currently requiring registration based on economic threshold only issues to think about before and after registering to collect sales/use tax, and the implications of the decision on state income/franchise tax filing requirements.
Learning objectives:
- Understand states’ broadened authority to tax out-of-state sellers and businesses after Wayfair
- Learn about businesses’ new sales tax responsibilities, including: Identifying where the business is required to collect and remit sales taxes; Determining what products and services are subject to tax; Evaluating appropriate systems and solutions to administer sales taxes
- Identify ways to mitigate historical sales/use tax liabilities
- Understand how Wayfair impacts states’ power to impose state income taxes.