Kendall served on the panel "State Tax and Anti-Abuse Doctrines." Federal tax anti-abuse doctrines, such as substance over form, step transaction and the economic substance doctrine, are being aggressively applied by states and their revenue departments. This session examined the recent legislative, administrative and judicial guidance for these doctrines and will address both income and non-income taxes as well as the impact of the recent federal codification on states’ abilities to challenge the tax effect of transactions under the economic substance doctrine.
Matt spoke on the panel "Nexus, Nexus, Nexus: What Happens After Quill?" The end of the physical presence standard, as enunciated in the Quill case, may be imminent. Whether Quill dies in the courts or in Congress, this session explored the implications of its demise: will businesses be facing assessments for taxes not collected in prior years when no returns were filed and no statute of limitations applies? What will a post-Quill world look like and what actions should businesses take now to avoid expensive liabilities?
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October 18-21, 2016
Planet Hollywood / Las Vegas, NV