As a result of recent declines in revenues, along with increased audit
activities, states are becoming extremely aggressive in their tax
collection efforts. Advancing technology, coupled with business growth
and sales across state lines, has led to greater complexity and
increased states’ efforts to reach out and tax additional business
activities. While multistate taxation has become increasingly
problematic, it provides ample opportunities to reduce business taxes
and avoid expensive pitfalls. With this course, learn the essentials of
multistate income taxation and how the apportionment and allocation of
business activities will drive the taxation of the business in each
state as well as its overall level of state and local taxation. You will
also find out what transactions may be subject to a sales or use tax and
what jurisdiction may tax it.