Multistate Taxation  

This course provides the statutory and historical basis for the preparation of state income tax returns for multistate corporations through examples and court rulings. Learn about apportioning income to the states using the three-factor apportionment formula. Calculate the property, payroll, and sales factors. Consider the impact on multistate taxation of the Uniform Division of Income for Tax Purposes Act (UDITPA), PL 86-272, the Multistate Tax Commission, and the Streamlined Sales and Use Tax Agreement (SSUTA). The course also covers state sales tax nexus and the different approaches for sales and use tax nexus and legislation submitted recently. It focuses on the development of in-depth knowledge, skill, and application of multistate taxation. This advanced level course is most beneficial for the professional with mastery of multistate taxation who may be an experienced professional within an organization; but it also may be appropriate for other professionals with specialized knowledge in multistate taxation. Printing this course before taking the final exam may be helpful.

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.