Description
Gain a better understanding of your sales and use tax obligations in California.Daniel Thompson is a leader in California sales and use taxation. He has a fun and inviting way of teaching how the state’s tax agency evolved while outlining the changing nexus rules resulting in the June 21, 2018, U.S. Supreme Court Wayfair decision. Dan will navigate the California sales and use tax landscape by discussing the application and background of sales and use tax laws, as well as opportunities surrounding how to comply with them. This topic offers insight on a wide array of subjects ranging from sales and use tax compliance to audits and appeals, and whether you are a California seller, or a remote seller making sales to California resident, it will provide a solid foundation of knowledge regarding California taxes.
Date: 2021-08-18 Start Time: End Time:
Learning Objectives
Introduction – Why We Are Here
• As the Board Turned (State Board of Equalization)
• CDTFA
• OTA
• Alphabet Soup for Other California Tax Agencies
Life After Wayfair
• Nexus
• Physical Presence Still Stands
• All States and D.C. Have Their Own Nexus Definitions
• What Is a Marketplace Facilitator?
• Compliance and Lookback Issues
• Race to the Bottom
Sales Tax vs. Use Tax Distinctions
• Sales Tax (the Four Types of Sales Tax)
• Use Tax
• Distinguishing Which Tax to Collect and Which Party Is Responsible
Identification of Taxable Products and Services
• Definitions of Tangible Personal Property, Retail Sale, etc.
• Mixed Bag (Bundled) Transactions
• Drop-Ship Transactions
California Sales and Use Tax Compliance
• Type of Permits (Seller’s Permit, Consumer’s Use, Direct Pay, Temporary)
• District Taxes • Wayfair Type Nexus Applies
• Documentation, Documentation, Documentation
Partial Exemptions
• Manufacturing
• Farming
• Post-Production
CDTFA Audits and Appeals
• Pre-Audit Review
• District Conferences
• Petition for Redetermination
• Settlement
OTA Appeals
• Formal Review and Appeal Process
• Administrative Law Judges
• Published Decisions (Precedential vs. Non-Precedential)
AIPB ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Daniel Thompson, CPA, CMI-Thompson Tax & Associates, LLC
