In this session we'll provide a quick roundup of the latest issues involved in sales tax compliance including new developments with Amazon Laws and Nexus, US Congressional Action, mobile Commerce, e-Filing and VAT.
This Assessment of the Consumer Impact Regarding the Marketplace Fairness Act provides a unique look at how the proposed legislation could impact households across the nation.
This Assessment of the Consumer Impact Regarding the Marketplace Fairness Act provides a unique look at how the proposed legislation could impact households across the nation.
Move to e-commerce long overdue by US Secretary of State offices. The era of electronic filing has been with us now for twenty years. The world’s first fully electronic online business register emerged in New Zealand back in 1996. Since then, many uniform laws have been drafted in the U.S. to encourage the use of online record submissions and searching.
This white paper sets out the reasons for government to adopt contemporary technology solutions to deliver electronic registries.
Regulators on the Move – Recent Treasury and Comptroller Actions: How They Af...Winston & Strawn LLP
The U.S. Treasury and Comptroller of the Currency recently published reports and announced major initiatives of impact to financial institutions. What should directors know about these initiatives and how do they impact financial institution strategy? This webinar discussed those issues, addressed likely competition from fintech firms, and focused on the following topics:
- U.S. Department of the Treasury report on “Nonbank - Financial, Fintech, and Innovation”
OCC’s fintech charter
- Recent efforts by institutions to eliminate holding company regulations
Contact Winston & Strawn for more information about this presentation:
https://www.winston.com/en/thought-leadership/regulators-on-the-move-recent-treasury-and-comptroller-actions-how-they-affect-you.html
An October 2010 white paper that outlines the benefits of a self-funded digital government approach -- including greater efficiencies, additional cost savings, and higher constituent satisfaction with state government.
Digital blue skies or a perfect storm for the taxman - our take on the impa...Rick Bouter
Digital blue skies or a perfect storm for the taxman - our take on the impact of digital technologies on tax and welfare fraud - capgemini consulting - digital transformation
This Tax Guide edition covers various topics and articles such as urgency of Automatic Exchange of Information (AEol) implementation in 2018; divestment in business and policy; also analysis of government plan to impose progressive tax on idle land.
Current State of Personal Data Protection in Electronic Voting: Criteria and ...TELKOMNIKA JOURNAL
The adoption of electronic voting has been done in various countries related to cost and time reduction operationally. On the other hand, recent publication has been informed several issues occurred such as technicality, reliability, security and privacy due to the compromised system were used. In small scale, there are certain group of people who want to exploit the vulnerabilities for their own benefit in the election, while in the greater scale, it can reduce public confidence to entrust the adoption of e-voting system to augment participation rate, to improve the quality of voting and to aid the political right effectively. This paper aims to investigate the characteristic of people demanding the legislative to address the criteria and indicator for effective implementation in electronic voting. By understanding the perception of voters in viewing current electoral regulation are essential to provide some ideas and opinions for better enhancement, either through recommendation and drafting related legislation to cater the needs.
Income taxation in digital economy - T. N. PandeyD Murali ☆
Income taxation in digital economy - T. N. Pandey - Article published in Business Advisor, dated June 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM
The challenges:-
Deep insights needs special BI efforts
Frontline managers cannot relate insight to source data.
BI tools expect users to have specialist IT knowledge.
Without BI process there is limited or no insight.
Data to Insight given by IT/Management…
Move to e-commerce long overdue by US Secretary of State offices. The era of electronic filing has been with us now for twenty years. The world’s first fully electronic online business register emerged in New Zealand back in 1996. Since then, many uniform laws have been drafted in the U.S. to encourage the use of online record submissions and searching.
This white paper sets out the reasons for government to adopt contemporary technology solutions to deliver electronic registries.
Regulators on the Move – Recent Treasury and Comptroller Actions: How They Af...Winston & Strawn LLP
The U.S. Treasury and Comptroller of the Currency recently published reports and announced major initiatives of impact to financial institutions. What should directors know about these initiatives and how do they impact financial institution strategy? This webinar discussed those issues, addressed likely competition from fintech firms, and focused on the following topics:
- U.S. Department of the Treasury report on “Nonbank - Financial, Fintech, and Innovation”
OCC’s fintech charter
- Recent efforts by institutions to eliminate holding company regulations
Contact Winston & Strawn for more information about this presentation:
https://www.winston.com/en/thought-leadership/regulators-on-the-move-recent-treasury-and-comptroller-actions-how-they-affect-you.html
An October 2010 white paper that outlines the benefits of a self-funded digital government approach -- including greater efficiencies, additional cost savings, and higher constituent satisfaction with state government.
Digital blue skies or a perfect storm for the taxman - our take on the impa...Rick Bouter
Digital blue skies or a perfect storm for the taxman - our take on the impact of digital technologies on tax and welfare fraud - capgemini consulting - digital transformation
This Tax Guide edition covers various topics and articles such as urgency of Automatic Exchange of Information (AEol) implementation in 2018; divestment in business and policy; also analysis of government plan to impose progressive tax on idle land.
Current State of Personal Data Protection in Electronic Voting: Criteria and ...TELKOMNIKA JOURNAL
The adoption of electronic voting has been done in various countries related to cost and time reduction operationally. On the other hand, recent publication has been informed several issues occurred such as technicality, reliability, security and privacy due to the compromised system were used. In small scale, there are certain group of people who want to exploit the vulnerabilities for their own benefit in the election, while in the greater scale, it can reduce public confidence to entrust the adoption of e-voting system to augment participation rate, to improve the quality of voting and to aid the political right effectively. This paper aims to investigate the characteristic of people demanding the legislative to address the criteria and indicator for effective implementation in electronic voting. By understanding the perception of voters in viewing current electoral regulation are essential to provide some ideas and opinions for better enhancement, either through recommendation and drafting related legislation to cater the needs.
Income taxation in digital economy - T. N. PandeyD Murali ☆
Income taxation in digital economy - T. N. Pandey - Article published in Business Advisor, dated June 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM
The challenges:-
Deep insights needs special BI efforts
Frontline managers cannot relate insight to source data.
BI tools expect users to have specialist IT knowledge.
Without BI process there is limited or no insight.
Data to Insight given by IT/Management…
Effective Marketing Mix- Place Strategy in eCommerceeTailing India
In the last part, we learnt about the fundamentals of promotional strategies and its implementation. Today, we are going to speak on the fourth P from the Marketing Mix which is “Place”. The article is very useful for all the producers, startups and logistics players of the industry.
ब्रिक एंड मोर्टार (आँफलाइन) दुकानें इओऐसएसके दौरान ग्राहकों की तेज गिरावट देख...eTailing India
ब्रिक एंड मोर्टार की दुकानों ने २६% जादा छुट देनेके बावजूद २०१५-१६ के विंटर एंड आँफ सिझन सेलमे (इओएसएस) २०१४-१५ के (इओएसएस) मुकाबला ५% ग्राहकोंकी कमी देखी, कँपीलीयरी टेक्नोलाँजीके सर्वेक्षणसे सामने आया।
आँनलाइन विक्रेताओंसे विपरीत जिन्होने छुट देनाही अपने धंदेका मुख्य माँडेल बनाया है, ब्रिक एंड मोर्टार के दुकानदारोंके लिये इओएसएस हि एकमात्र प्रमुख छुट देनेका समय रहता है जो उनके कुल बिक्रीको बढानेमे मुख्य योगदान देता है। लेकिन ग्राहकोंके खरिदारिके बर्तांओंमे सभी वस्तुओंपर सालभर छुट देनेसे और आँनलाइन और आँफलाइन कीमतोंमे अंतर होनेसे एक मुख्य बदल हुआ है।
Why Should You Exhibit at eTailing India Expo M17?eTailing India
Maximize your brand exposure
Get face-to- face with the best and the brightest
Build relationships with existing customer
Meet the most tuned in senior CXOs
Align your brand with top tier thought leadership
Share your expertise and insight
Be a part of something different
Learn the Role of Big Data in Retail IndustryeTailing India
In an effort to compete with eCommerce, retailers are increasingly turning to big data and in-store analytics to better understand what’s going on in their stores. Today, in our 2nd part of “Retail Week Series”, we talk about the importance of Big Data Analytics in a Retail business. It would be of immense help to all retailers, eCommerce firms, technology players and budding entrepreneurs in ingraining fundamentals and modern strategies of running a successful Retail business.
Presentation by Bob Johnson of BKD, LLP about state and local tax laws to the Wichita Metro Chamber of Commerce's September 2015 Small Business CEO Roundtable
USA: State & Local Tax Top Stories of 2015Alex Baulf
2015 was notable in large part due to a series of decisions issued by state and federal courts which could pave the way for future resolution of several gray areas in state and local taxation. For example, the U.S. Supreme Court issued several major decisions impacting state and local taxes, including Obergefell v. Hodges and Comptroller of the Treasury v. Wynne. In Obergefell, the Court held that same-sex couples had the right to marry. States that did not recognize same-sex marriage prior to the decision issued guidance on filing returns after Obergefell. In Wynne, the Court determined that the failure of Maryland law to allow a credit against county personal income tax for Maryland residents for their pass-through income from an S corporation’s out-of-state activities that was taxed by other states was unconstitutional.
State and local tax: Top stories of 2015Andrea Platt
2015 was a notable year for state and federal courts. A series of decisions was issued that could pave the way for future resolution of several gray areas in state and local taxation (SALT).
Check out the top SALT stories from 2015.
The transaction tax landscape is one of constant change. Learn about key transaction tax developments and how they may impact your business.
This is your chance to get up to speed on the significant tax “happenings” we’ve seen over the past several months.
Watch the full webinar presentation of these slides here http://ow.ly/VvvYS.
US SALT Alert: IL Amends Click-Through Nexus Statutes to Address Internet Tax...Alex Baulf
On August 26, Illinois Governor Pat Quinn approved legislation that amends the state’s sales and use tax click-through nexus statutes. In 2013, the Illinois Supreme Court held in Performance Marketing Association, Inc. v. Hamer that the state’s click-through nexus statutes were void and unenforceable due to the federal prohibition against discriminatory state taxes on electronic commerce contained in the Internet Tax Freedom Act (ITFA).The legislation addresses this decision by expanding the nexus provisions to include situations where potential customers are referred to out-of-state retailers by a promotional code or other mechanism beyond an Internet link that allows the retailer to track purchases. Also, the legislation adds provisions that permit the retailer to rebut the presumption of nexus. This legislation is effective January 1, 2015.
USA: President Obama Signs Legislation Making Internet Tax Freedom Act PermanentAlex Baulf
On February 24, 2016, President Barack Obama signed the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA) which makes permanent the moratorium on Internet
access taxes and multiple or discriminatory taxes on electronic commerce established by the Internet Tax Freedom Act. Additionally, under the TFTEA, the ability of grandfathered states to tax Internet access will be completely phased out by June 30, 2020.
Advertising Tax Impact Accomplishments And The FutureAffiliate Summit
Discussion on the Advertising Tax by industry leaders that have played a key role in organizing industry advocates and educating legislators on the impact of state tax nexus legislation.
Brian Littleton, President / CEO, ShareASale.com (Twitter @Brianlittleton) (Moderator)
Karen Garcia, Partner, GTO Management (Twitter @karengarcia)
Beth Kirsch, Volunteer, Performance Marketing Alliance (Twitter @bethkirsch)
Melanie Seery, President, Affiliate Voice (Twitter @mellies)
California as a Backdrop for Recent State Tax DevelopmentsCBIZ, Inc.
recent California income and franchise tax developments and how those developments compare and contrast with income and franchise tax laws in other states.
So Many States, So Many Privacy Laws: US State Privacy Law UpdateTrustArc
It’s no surprise that a US federal privacy law is the current talk of the privacy community. There have been MANY recent developments with individual US state privacy laws, along with numerous additional legislation on the horizon. With the advent of the California Privacy Rights Act (CPRA) and the Virginia Consumer Data Privacy Act (CDPA) plus activity with the Washington Privacy Act (WPA) and Oklahoma Computer Privacy Safety Act, there's a lot to focus on.
The changing privacy landscape can make it tricky for privacy leaders to stay up to date as they manage their privacy programs. And there's no indication US privacy regulation changes will slow down in 2021. While it may feel like a bad game of "Whack-a-Mole," there are ways to keep your company in-the-know and empowered as more regulations pop up.
This webinar will review:
-Recent developments in US state privacy laws
-US federal privacy law predictions
-Best practices and tips on how your company can keep up
US Sales Tax Guide - Understand How Sales Tax works in US Market
Sales tax in the United States is a consumption-based tax imposed on the sale of goods and certain services. It is levied by state governments, and in some cases, by local jurisdictions, making it a complex and multifaceted system. In this comprehensive guide, we will explore the key aspects of sales tax in the U.S., including its history, how it works, rates, exemptions, compliance, and challenges faced by businesses and consumers.
1.How Sales Tax Works:
2.State Sales Tax Rates:
3. Historical Background:
4.Local Sales Tax Rates:
Web based inventory demand planning with sage connected servicesSociusPartner
For the money, this small little app packs quite a punch. Using the simplicity of the cloud, this session will show you how this app will help you accurately forecast inventory, and right-size your inventory to improve profitability. Reduce stock outs, improve customer satisfaction and reduce your unnecessary inventory spend in record time.
The new paradigm combining crm and erp to accelerate visibility and revenueSociusPartner
Companies looking to maximize efficiency between sales and operations are integrating CRM and ERP to reduce data entry duplication, empower employees with the right information at the right time, automate time consuming data entry processes, and improve overall visibility of customer interactions. This roundtable will feature several Socius customers who will share their experiences, challenges, best practices and benefits in linking CRM and ERP together
Make smarter, more confident business decisions faster than ever before. Sage Intelligence helps you transform disparate data into meaningful insights which allow you to make smarter, more confident business decisions and take timely steps of action to sustain and grow your business. Using this Excel-based reporting tool, you’ll be able to put your basic Excel knowledge to work making seemingly complex business reporting as simple as possible.
New perspectives driving strategic initiativesSociusPartner
Developing and launching strategic initiatives is critical for businesses, but the effort required to manage and ensure success is often underestimated. Socius client, EGC, recognized this challenge and developed a process that is driving results. EGC Enterprises will discuss common challenges and talk about how you retool your own internal processes to overcome obstacles and drive faster results from your initiatives.
From reduced physical storage to flexible retrieval and indexing, electronic document management can do more for your business than you might know. Learn how companies are controlling and streamlining document distribution, streamlining security and easily archiving data to reduce paper and get precious hours back their work days.
Bringing HR and payroll inhouse – the new roll of HRMSSociusPartner
The best way for a company to increase competitiveness is to invest in employees – but how do you measure this? And how do gain a return on employee investment? This session will explore Sage HRMS and show you how you can increase competitiveness through your biggest asset – your employees.
Microsoft Dynamics NAV 2013 R2 Overview and NAV RoadmapSociusPartner
Take a tour of Microsoft Dynamics NAV 2013 and the new features of R2 released last spring. We'll discuss some of the most compelling new features and the benefits these features can bring to selected departments in your company
Expanding Marketing's Role: Marketing Automation and Social ListeningSociusPartner
Join this session as we explore Micrsoft's latest release of marketing automation - a complete solution to help marketing executives plan, execute and analyze marketing plans. Never before has marketing played such an important role in business growth. Harnessing the data and analytics necessary to support strategic marketing activity is critical and this session will show you how new technologies from Microsoft can help you do just that.
New Perspectives: Driving Strategic InitiativesSociusPartner
Developing and launching strategic initiatives is critical for businesses, but the effort required to manage and ensure success is often underestimated. EGC, recognized this challenge and developed a process that is driving results. EGC Enterprises will discuss common challenges and talk about how you retool your own internal processes to overcome obstacles and drive faster results from your initiatives.
The cloud is driving significant change in how companies deploy and manage resources for their existing business applications. This session explains in non-technical terms how to evaluate if a move to the cloud is in your midst without being a technical expert. We'll explain the many different deployment options as well as business opportunities, pros and cons that companies should consider when addressing the cloud. This session will also provide an executive viewpoint on Azure and it's future potential for businesses.
Channel Expansion with eCommerce, Aggregates and MoreSociusPartner
Your customers have adopted consumer buying patterns, but has your company adapted to this change by selling your products and services the way customers purchase? This session will explore customer buying patterns and how they align with multi-channel strategies, including Amazon, eBay, eCommerce trends. We'll also discuss some common challenges companies face in adopting these strategies and how to avoid them as you plot your options for multi-channel management.
Take a tour of Microsoft Dynamics 2013 and the new features of R2 released last spring. We'll discuss some of the most compelling features along with a deep dive discussion on the elimination fo Business Portal, the implications and the long awaited addition of workflow !
Want more tips for Microsoft Dynamics GP? Come to this session for a new and refreshed 50 tips in 50 minutes. This session will cover existing functionality as well as what’s new in Microsoft Dynamics GP 2013 in a fast-paced format that will give you tips on getting more out of your solution.
Building Impactful Prescriptive Dashboards for Business IntelligenceSociusPartner
This session explores the planning process we recommend to companies that want to ensure they launch prescriptive dashboards to effective manage their departments. While many think of BI as a series of reports, BI is much more. We'll explore how companies should prepare for a BI rollout and hear from customers that benefited from doing so.
Innovative Approaches to Barcoding and Warehouse ManagementSociusPartner
Receiving, synching inventory, rapid fulfillment - this session will explore common challenges faced in the warehouse and how 3 companies solved them. Learn how they overcame their challenges and their fantastic results in this round table discussion.
Exploring SharePoint 2013 and Improving your Business ApplicationsSociusPartner
www.socius1.com/rapidsp - Get a feel for SharePoint 2013 and understand how it can improve your other business applications. See how to connect systems and users with the information they need.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
5. ERP
Recent Developments in Sales & Use Tax
Ohio
State sales tax rate increased by 0.25% on 9/1/13 (impacted all counties)
Cuyahoga is still the highest with combined state, local and transit rate of 8%
Median rate is 7.25% (49 counties currently at that rate)
Avg. combined state and local rate is 7.11% (rank #19 in avg. S&L rate)
Recent changes in other states as a comparison:
Virginia, Arkansas, and Maine have also raised sales tax rates
Arizona, Kansas, and D.C. have recently cut sales tax rates
The five states with the highest average combined state-local sales tax rates are Tennessee (9.45 percent), Arkansas (9.19 percent), Louisiana (8.89 percent), Washington (8.88 percent), and Oklahoma (8.72 percent)
5
9. ERP
Ohio Updates cont.
Prepaid wireless calling services are now subject to a wireless 9-1-1 charge (effective 1/1/14)
Five tenths of one percent (0.005) on the retail sales price of the prepaid wireless calling service
Magazines/magazine subscriptions are no longer exempt
Subscriptions now treated similarly as magazines purchased over the counter
Newspapers and community newspapers continue to be exempt
Electronic Filing of Use Tax Required – OAC Rule 5703-9-61 adopted 2/2013 requiring electronic filing and payment of consumer’s use tax.
Returns must be filed and paid via OBG, the Ohio telefile system, or another electronic method approved by the commissioner.
ODT Guidance on VDA’s released in 2013
Remain anonymous until signed agreement is returned/Identity is not disclosed to other parties
Failure to collect tax or use tax on purchases
•No penalty - tax and interest must be paid for 36 month lookback period
Tax collected/not remitted
•No limitation to lookback period
•Subject to 10% penalty 9
10. ERP
Ohio Updates cont.
Other Direct Mail and Advertising and Promotional Direct Mail - guidance released (Sales Tax Info. Release ST 2013-01, ODT, August 16, 2013)
"Advertising and promotional direct mail" is printed material meeting the definition of "direct mail" in ORC Section 5739.01(ZZ), the primary purpose of which is to attract public attention to a product, person, business, or organization or to attempt to sell, popularize or secure financial support for a product, person, business, or organization.
"Other direct mail" means direct mail that is not advertising or promotional direct mail regardless of whether any advertising or promotional direct mail is included in the same mailing. It includes the following:
•
transactional direct mail that contains personal information specific to the addressee, such as invoices, bills, and statements of account;
•
legally required mailings, including privacy notices, tax reports, and stockholder reports; and
•
other non-promotional direct mail delivered to existing or former shareholders, customers, employees, or agents, including newsletters and informational pieces. 10
11. ERP
Ohio Updates cont.
Direct Mail Sourcing
Other direct mail - sourced to purchaser’s location as indicated from vendor’s records. If the purchaser provides a direct pay permit, exemption certificate, or written statement, the seller is relieved from tax collection obligations
Advertising and promotional direct mail - sourced to:
the address from which it was shipped.
If the purchaser provides the vendor with information showing the jurisdictions where the material is to be delivered, the vendor shall source the sale to those jurisdictions and collect and remit the applicable tax. 11
12. ERP
Ohio Updates cont.
Casual Sale Exemption Clarified (ORC Sec. 5739.02(B)(8)) - Schlegel v. Levin, Ohio Board of Tax Appeals, (May 23, 2013)
Ohio use tax on an aircraft purchased out of state was upheld, taxpayer failed to provide evidence to support the casual sale exemption.
“Casual sale” is a sale of an item of tangible personal property that was obtained by the person making the sale, through purchase or otherwise, for the person's own use and was previously subject to any state's taxing jurisdiction on its sale or use ***.” 12
13. ERP
Ohio Updates cont.
Ohio has recently become a full member of the streamlined sales tax initiative (effective 1/1/14)
“Specified digital products” now taxable (effective 1/1/14)
specified digital product - electronically transferred digital audiovisual work, digital audio work, or digital book (a SSUTA definition)
•
From the AICPA’s Tax Advisor:
»
457 M ebooks were sold in 2012 – up from 10 M in 2008
»
A 2013 music industry report indicated that digital album sales accounted for 43% of all album sales in the first half of 2013
»
In addition there were more than 50 Billion audios and videos streamed in the first half of 2013
»
In 2013, over $10 B was spent in the App Store according to Apple, with $3 B occurring in December
»
Netflix generated in excess of $2.7 B in revenue from the domestic streaming business segment in 2013
•
Many other states are scrutinizing digital products, SaaS, and other “non-tangible” transactions 13
14. ERP
Streamlined Sales and Use Tax Agreement
Cooperative effort of 44 states, the District of Columbia, local governments and the business community to:
Simplify sales and use tax collection and administration by retailers and states
Minimize costs and administrative burdens on retailers that collect sales tax, particularly retailers operating in multiple states
Encourage "remote sellers" selling over the Internet and by mail order to collect tax on sales to customers living in the Streamlined states
Level the playing field between local "brick-and-mortar" stores and remote sellers
Ensure that all retailers can conduct their business in a fair, competitive environment 14
15. ERP
Streamlined Sales and Use Tax Agreement cont.
24 of the 44 states have passed legislation to conform to the Streamlined Sales and Use Tax Agreement:
•
Arkansas, Georgia, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Nebraska, Nevada, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Rhode Island, South Dakota, Tennessee, Utah, Vermont, Washington, West Virginia, Wisconsin and Wyoming
Represents 33% of the country’s population 15
18. ERP
Marketplace Fairness Act
Federal bill that would allow states to require sales and use tax collection by out-of-state retailers IF the state adopts specified simplifications for its sales tax system
Currently, retailers are only required to collect sales taxes in states where they have nexus (physical presence of property, employee/agent solicitation activities, etc.)
One of the specified simplifications in the MFA is to become compliant with the Streamlined Sales and Use Tax Agreement (SSUTA)
The Senate passed the MFA in May 2013, but to date the House has only attempted to attach it to several other bills, such as piggybacking on the Internet Tax Freedom Act (“ITFA”)
The latest reports from BNA have reported that a legislative compromise has been written in preparation for consideration at the end of 2014 (after mid-term elections). Indications are it may be attached to a broader piece of “must-pass” legislation to avert a government shutdown. 18
19. ERP
Marketplace Fairness Act cont.
A University of Tennessee study conducted in 2009 projected that annual state and local sales tax losses on e-commerce would grow to $11.4 billion by 2012
The National Conference of State Legislatures estimated in 2012 that states lost $23.3 billion in 2012 from being prohibited from collecting sales tax from online and catalog purchases 19
20. ERP
Internet Tax Freedom Act
Currently a two month extension to the ITFA has been passed by Congress, however the Permanent Internet Tax Freedom Act (PITFA) measure is in jeopardy due to potential combination with the MFA, which is a contradictory measure (the combined bills introduced by the Senate are now termed the Marketplace and Internet Fairness Act (MITFA)
Seven grandfathered states -Texas, Hawaii, New Mexico, North Dakota, South Dakota, Ohio and Wisconsin maintain Internet access taxes with the extension. The states could lose hundreds of millions of dollars a year if Congress takes away their authority to tax Internet charges according to the Congressional Budget Office
PITFA would continue to protect consumers from increased costs when accessing and using the Internet by making permanent the current temporary moratorium on Internet access taxes, and it would also prevent the multiple and discriminatory taxation of Internet sales.
If allowed to expire on November 1, states and localities could:
begin to collect taxes on Internet access, or
apply other discriminatory taxes that may already be in place which have been held at bay during the moratorium
Jurisdictions could begin passing new tax laws that discriminate against the Internet and Internet commerce as a means to raise more revenue 20
21. ERP
Internet Tax Freedom Act cont.
The August congressional recess ended with both chambers convening on Sept. 8.
A flurry of activity is expected in the next month relating to: inversion transactions, the extension of expired tax incentives, the estate tax, retirement security, and Internet access taxes.
However, their compressed schedule makes it unlikely that lawmakers will have time to get any significant tax legislation through both chambers and to the president prior to the pre-election break.
The House is currently set to be in session for just 12 days (Sept. 8-11, 16-19, and Sept. 29-Oct. 2) before they adjourn for a final round of campaigning prior to the Nov. 4 midterm elections.
Senate Majority Leader Harry Reid, D-Nev., has indicated that he hopes that the Senate will wrap up its pre-election work by Sept. 23, and the chamber may remain in session on weekends to adhere to that timeline.
If the Senate does adjourn by Sept. 23, it is expected that the House will follow suit and cancel legislative business the following week. 21
23. ERP
Updates in Other States
Click-through affiliate nexus
States such as New York, California, Texas and Pennsylvania have passed laws where nexus can be created by “click-through” or “affiliated” activities
Rather than following physical presence nexus standards, many states are now aggressively asserting nexus and tax collection from businesses who only have affiliates in the state.
Click-through affiliate nexus generally occurs when an out-of-state retailer enters into an agreement with an in-state resident under which the in-state resident, for a commission, directly or indirectly, refers potential customers, by a link on an Internet website or otherwise, to the out-of-state retailer. 23
24. ERP
Updates in Other States cont.
States having enacted click-through nexus provisions:
–
Arkansas: Threshold: More than $10,000
–
California: Threshold: More than $10,000 and more than $1 million in annual in-state sales
–
Connecticut: Threshold: More than $2,000
–
Georgia: Threshold: More than $50,000
–
Illinois: Threshold: More than $10,000
–
Kansas: Threshold: More than $10,000
–
Maine: Threshold: More than $10,000
–
Minnesota: Threshold: More than $10,000
–
Missouri: Threshold: More than $10,000
–
New York: Threshold: More than $10,000
–
New Jersey: Threshold: More than $10,000 (eff. 6/30/14)
–
North Carolina: Threshold: More than $10,000
–
Pennsylvania: Threshold: none
–
Rhode Island: Threshold: More than $5,000
–
Vermont: Threshold: More than $10,000
Several additional states have introduced legislation to enact click-through affiliate nexus recently (although not enacted):
–
Indiana, Hawaii, Tennessee, Ohio, Michigan 24
25. ERP
Updates in Other States cont…
Cloud based software (Saas, IaaS, PaaS, services, etc.)
Constantly evolving area of sales/use tax
What is it/how is it defined?
Depends on the facts (very fact specific)
Depends on state codes, rules, guides, case law (sometimes no guidance)
Depends on the location of the users
Depends on the location of the servers
Depends on the nexus created by salesmen/agents/technicians/trainers/affiliates
Some recent rulings have determined…
Ohio – Taxable Automatic Data Processing
VA, MI, GA, NE – Non-taxable service/software (NE - Sales and Use Tax Guide for Computer Software, January 22, 2014 updated to non-taxable) 25
26. ERP
Which one is taxable in Colorado & Washington? 26
27. ERP
Interesting developments
•
“Legalized” marijuana stores opened recently in Washington, where recreational marijuana sales are forecast to generate $51.2 million in revenues during the upcoming 2015-17 biennial budget.
•
WA – excise tax rate of 25%, sales tax rate of 9.6%
•
CO – 15% excise tax rate, 12.9% sales tax rate
28. ERP
Taxman
If you drive a car, I'll tax the street; if you try to sit, I'll tax your seat; if you get too cold, I'll tax the heat; if you take a walk, I'll tax your feet. —The Beatles 28