Departments and Columns

TEI’s 69th Midyear Conference
Navigating the TCJA Regulatory Framework: Questions & Quandaries

Cost-of-Performance Versus Market-Based Sourcing
The Expert: Jamie Yesnowitz

Calculating how to source sales to determine a company’s state corporate income tax sales factor (and overall apportionment factor) drives how much that company ultimately will pay in tax to the states. The basis of the economy has shifted over time from the sale of goods toward the sale of… Read more »

The New Front Line: Transaction Taxes on Services
The Expert: David A. Fruchtman

In South Dakota v. Wayfair, Inc.,1 the U.S. Supreme Court cleared a path for states to impose sales and use tax collection and remittance obligations on out-of-state businesses lacking physical presence within the state. Notably, the Court’s decision applies to all subnational transaction taxes. Moreover, in the decision the Court… Read more »

Ford Motor and CSC Corptax Tackle Significant Filing Methodology Issue

This is the third installment of our Tax Technology Corner. As a corporate tax professional, you know how important technology is and how it’s evolving at warp speed. With new regulatory and compliance initiatives in the federal, state, and international areas, landmark tax reform legislation, and globalization of tax monitoring… Read more »

States Jump on Economic Nexus Bandwagon, But Questions Remain

On June 21, 2018, the Supreme Court issued its decision in South Dakota v. Wayfair, overturning the longstanding physical presence requirement for sales and use tax nexus. Now, under Wayfair, a state can require a company to collect and remit sales or use tax on the basis of the company’s… Read more »

OECD Corporate Tax Rate Update

Several significant shake-ups to tax codes around the world, especially in the United States, Belgium, and Latvia, among others, leave us with a global landscape that differs significantly from that of 2017. In the March/April 2018 issue of Tax Executive, we printed the 2017 statutory corporate income tax rates for… Read more »

Ralph Corasaniti

Some budding corporate tax specialists have a five-year plan to become part of this fascinating profession, whereas others just sort of fall into it. That was the case for Ralph Corasaniti, who thought he would be more interested in finance positions because he didn’t see himself as a general auditor.… Read more »

Emerging Leader: Kristen Bauer Proschold

Kristen Bauer Proschold calls herself an “accidental tax practitioner.” Here’s what she means. “I may not have joined the tax profession were it not for a law firm recruiter telling me to ‘keep an open mind,’” she says. “When I was interviewing for summer associate positions, one of the open… Read more »

How Prepared Are You?

As we gaveled to a close TEI’s 69th Midyear Conference, I wanted to express my gratitude and appreciation to the 500-plus in-house professionals who joined us in Washington, D.C., to our outstanding speaker and moderator cadre who guided us through our program agenda, and to our sponsors for their continuing… Read more »

2019 State Tax Updates

With a groundbreaking shift in taxable nexus through the decision in South Dakota v. Wayfair, Inc., and with federal adjustments continuing to stem from implementation of the Tax Cuts and Jobs Act (TCJA), several states are moving forward with tax rate changes at both the individual and corporate levels. The… Read more »