Event Type: Seminar
IPT’s Sales Tax Symposium is your opportunity to take a deep dive into the topics that are top of mind for sales and use tax professionals, delivered by experts who will provide you with best practices, alternate strategies and ways to demonstrate the value of your work to clients and employers. The program includes a varied range of topics from industry specific issues (manufacturing, hotels, transportation, bottling, telecommunications and healthcare), to structured transactions and M&A, to “responsible” person liability, as well as many topics relevant to sales and use tax professionals. At the symposium you create your own agenda so you are able to build a program that is the most effective use of your time. And, as one of IPT’s largest programs, you will have the chance to network with hundreds of other sales and use tax professionals.
Join Reed Smith associate Jennifer White for her presentation entitled "The Resale Exemption - Your New Best Friend," which will address the broadly applicable resale exemption from sales and use tax. The session will begin by focusing on the variances in requirements between jurisdictions, including but not limited to: (1) the application to tangible personal property vs. services, (2) the requirement that tax is collected on the resale, and (3) the requirements for the form in which the item is resold. The session will also address conditions precedent to use of the exemption, how to defend a resale transaction on audit, and recent decisions which serve to expand or narrow the application of the exemption.
Join Reed Smith partner and chair of the State Tax Group Lee Zoeller for his presentation entitled “The Year in Review,” which will provide attendees with a look at the last twelve months of legal decisions, a summary of need-to-know cases, critical cases pending and trends within the court system. At the end of this session, the learner will be able to do the following: identify important issues that have been addressed by the courts in the past year, evaluate whether recent precedent and pending cases are relevant to the taxpayer, formulate strategies to leverage recent case law developments, and take proactive steps to take advantage of pending litigation relevant to your company.