Bill Backstrom, a partner on the State and Local Tax Team in the New Orleans office, recently spoke during the 2019 National Multistate Tax Symposium in Orlando, Florida presented by Deloitte and the Florida Bar.
Bill’s first panel, "State Tax Reboot: The Age of Multistate," helped decipher the recent sweeping tax law changes and what they may mean from a practical perspective for businesses. The panel provided a summary of the Constitutional and federal tax law changes and the plethora of resulting state tax administrative and legislative actions and reactions. The panel members also provided their insight about predictions on how the states will move forward, challenges that businesses are facing from tax compliance and systems solutions perspectives, and potential planning and restructuring considerations.
Bill’s second panel, "Challenging State Sales Tax Regimes," examined how states are implementing their sales and use tax regimes in this context—including tax collection and remittance for remote sellers, online marketplaces, and referrers—and how businesses may proactively apprise state taxing authorities about the uniformity and fairness issues at play.