MultiTax Commission

An intergovernmental state tax agency whose mission is to promote uniform and consistent tax policy and administration among the states, assist taxpayers in achieving compliance with existing tax laws, and advocate for state and local sovereignty in the development of tax policy.

Corporate Income Tax

General Training — Audit and Enforcement
October 2020 Training

nexusOBJECTIVE: 
The course aims to provide both an overview and focused in-depth training on the theory and mechanics of corporate income tax, including: conformity to federal tax and related issues, nexus, common state-level adjustments, and apportionment issues. The course will offer breakouts for separate filing and combined filing states but will also cover issues of interest to both in a way that makes those issues as relevant to understanding current developments.

AUDIENCE:
The course is aimed at state employees working in the audit and enforcement of corporate income tax.

PREREQUISITES:
Basic experience with state corporate income tax concepts.

STUDENT REQUIREMENTS:
Students attending the breakout sessions for audit staff must have laptop computers with Excel 2010 and a CD-Drive or a free USB port to enable the sharing of files.

PROGRAM LEVEL:
Basic to intermediate

PROGRAM DESCRIPTION:  
The course will cover both technical issues and practical skills, including the following topics: computation of the tax base, federal conformity and state adjustments, nexus and P.L. 86-272, add-backs and transfer pricing issues, apportionment issues, sales factor developments, pass-through income, equitable apportionment, audit planning, drafting IDRs and obtaining documents, interviewing taxpayers, drafting narratives, and related topics.

COURSE MATERIALS:
All participants receive a comprehensive manual summarizing state corporate income tax principles as well as copies of presentations and other reference materials.

ADVANCE PREPARATION: 
None

INSTRUCTIONAL DELIVERY METHOD:
Group-Live

RECOMMENDED CPE CREDIT: 
32 hours

FIELD OF STUDY:
Taxes (View the Fields of Study)

REGISTRATION INFORMATION:
Contact Sherry Tiggett at (202) 650-0296.

For more information on our training programs, please visit the Training Program page.