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State Sales And Transaction Taxes Of IT Products And Services: Navigating The Evolving Landscape

Webinar: ID# 1015080
Recorded CD or On-Demand
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About This Course:
Sales tax advisors and IT companies providing software, bundled and cloud services face special challenges in determining how and where their products and services will be taxed. There is a wide variety of approaches among the individual states regarding taxes on various IT services and products. Some individual states have specific statutes and rules aimed at determining what IT products and services each state taxes; however, these state rules may conflict with other states’ practices.

Among the challenges IT providers face in assessing whether they will be subject to transaction taxes in a particular state is defining what product or service they are providing in a given transaction. This is particularly true where the transaction has multiple bundled elements. If the “true object” of the item sold is included in the state’s definition of taxable products or services, then the sale likely is subject to transaction tax. In most jurisdictions, including a taxable product or service in a bundle with an otherwise nontaxable service may make the entire transaction subject to tax.

Listen as our experienced panel discusses the various challenges of determining the taxability of IT services and products. Learn best practices from seasoned practitioners on structuring contracts and transactions to segregate taxable from nontaxable services and products.

Outline
  • Lack of uniformity among states
  • Elements of determining taxability
    • Character of service or product and “true nature” test
    • Data center services
    • Help-desk, support and end-user services
    • Bundled services and products
    • Software
  • Special sourcing rules
Benefits

The panel will review these and other key issues:
  • What approaches are states taking to define the nature of IT products or services for purposes of determining taxability for sales and use tax?
  • How do various states address the question of whether installing servers or software would make otherwise nontaxable IT services subject to state sales and use tax?
  • How do the various states treat pre-written software, delivered remotely, for purposes of sales and use tax?
  • How are states approaching the question of taxability of cloud services?
Learning Objectives

After completing this course, you will have a detailed understanding of the various factors used in determining various states’ approaches to taxing sales of IT services and products. You will know how to structure contracts and transactions to properly exempt nontaxable services from state sales tax. You will learn specific techniques for segregating nontaxable services and products.

Credits Available

This program has been approved for 2.0 CPE hours through Strafford Publications. CPE Credit is available only for the LIVE webcast. Recorded versions do not qualify for credit.

Strafford is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Processing

To obtain CPE credit, attendees must participate in the live event, return an Official Record of Attendance to Strafford affirming their participation (including the CPE code announced during the program), and pay a processing fee of $35 per person.

Credit Confirmation

Strafford will mail a certificate of credit within approximately 2 weeks of receiving an attendee's completed Official Record of Attendance—provided all required conditions have been satisfied.



Delivery

Handout materials and the phone number for live presentations are made available to you 1 day prior to the event via email from the presenter. Copies of the presentations are included with recorded versions.

If you order a recorded version of the webinar, CD's will be mailed out approximately 10 days after the live event. Shipping is included in the price of recorded versions.


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State Sales And Transaction Taxes Of IT Products And Services: Navigating The Evolving Landscape
Available on CD or On-Demand formats
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