IF Tax Uniformity Subcommittee 7/2012

Uniformity & Subcommittees

PUBLIC NOTICE AND AGENDA

Uniformity Committee Meeting
Amway Grand Plaza
187 Monroe Avenue, N.W.
Grand Rapids, Michigan 49503

Si Quaeris Peninsulam Amoenam Circumspice

Income and Franchise Tax Uniformity Subcommittee 
Sunday, July 29, 2012
1:00 PM— 5:00 PM

 

To participate via teleconference by dialing 1-866-381-9862 and using access code 5364110.

I. Welcome and Introductions
II. Public Comment Period
III.   Approval of Minutes of In-Person Meeting March 7, 2012
IV. Reports and Updates
  A. Federal Issues Affecting State Taxation
  1. H.R. 1439, Business Activity Simplification Act of 2011
    2. H.R. 1864, Mobile Workforce State Income Tax Simplification Act of 2011
  B. Report on Commission Action on Uniformity Projects
   
    — § 17, Sales factor sourcing for services and intangibles
    — § 1(g), Definition of “sales”
    — § 1(a), Definition of “business income”
    — § 9, Factor weighting
    — § 18, Distortion relief
V. Project to Amend MTC Model Financial Institutions Apportionment Rule
  A. Report of Work Group
B. Public Comment
C. Committee Discussion
VI. Project Regarding Partnership or Pass‐Through Entity Income Ultimately Realized by an Entity That Is Not Subject to Income Tax
  A. Presentation of Staff Memorandum
B. Public Comment
C. Committee Discussion
Letter from NAREIT (July 26, 2012)
VII. Process Improvements Discussion
  A. Presentation of Staff Memorandum
B. Public Comment
C. Committee Discussion
VIII. Possible New Project
  A. Presentation of Staff Memorandum
B. Public Comment
C. Committee Discussion
IX. New Business
X. Adjourn

Additional information on this meeting and agenda may be secured from Roxanne Bland, Multistate Tax Commission, 444 North Capitol Street, N.W., Suite 425, Washington, D.C. 20001-1538, Telephone: (202) 624-8699, Fax: (202) 624-8819.