Uniformity Committee Agenda 7/2015


Metting of the
Multistate Tax Commission


 Held Jointly with the Sales & Use Tax Subcommittee
and the Income & Franchise Tax Subcommittee

The Davenport Hotel
10 South Post Street
Spokane, Washington

Tuesday, July 28, 2015
10:00 AM Pacific Time


Times listed with the agenda items below are approximate. Participation in the open sessions of this meeting via teleconferencing will be available by using the following dial-in number: 1-800-375-2612, participant passcode 541801.

I. Welcome and Introductions (Approximate time 10:00-10:15)
II. Approval of Minutes of the Prior In-Person Committee and Subcommittee Meetings – March 9-10, 2015 (Approximate time 10:15-10:20)
  Uniformity Committee Meeting Minutes
Income and Franchise Subcommittee Meeting Minutes
Sales and Use Meeting Subcommittee Meeting Minutes
III.   Initial Public Comment Period (Approximate time 10:20-10:25)
  In accordance with its Public Participation Policy, Uniformity Committee and its subcommittees provides this opportunity for members of the public to address the committee directly on this agenda. The Chair may also provide for public comment before or during discussion of specific agenda items.
IV. Federal Legislative Update (Approximate time 10:25-10:40)
  MTC staff will provide a brief update of federal legislation affecting state taxation.
V. Art. IV (UDITPA) Drafting Groups – Overview (Approximate time 10:40-11:00)
  MTC staff will brief the Committee on coordinating drafting efforts and solicit guidance on delivering draft model regulations.
VI. Sec. 1 Workgroup Report (Approximate time 11:00-12:15)
     -  UDITPA Section 1 Proposed Draft Regulations (Clean Version)
   -  UDITPA Section 1 Proposed Draft Regulations (Red Lined Version)
      •  Jennifer Hays will provide a general overview of the project.
    •  MTC staff will provide issue/status report.
    •  Committee will discuss and provide guidance on issues raised by the drafting group.
  LUNCH (Approximate time 12:15-1:15)
VII. Sec. 17 Workgroup Report (Approximate time 1:15-3:00)
     - UDITPA Section 17 Proposed Draft Regulations
     •  Phil Skinner will provide overview of project and draft.
   •  MTC staff will provide issue/status report.
   •  Committee will discuss and provide guidance on issues raised by the drafting group.
VIII. Sales & Use Tax Subcommittee Report – Draft Model Sales & Use Tax Nexus (“Engaging in Business”) Statute (Approximate time 3:00-3:40)
     •  Richard Cram will present the draft model to the Committee for consideration.
   •  MTC staff will provide a report on the draft model statute being submitted to the Committee for its consideration.
   •  Committee discussion and vote.
IX. Report of Staff on Other Issues (Approximate time 3:40-4:00)
     •  Status of Whistleblower Model Act Project
   •  Status of Federal Adjustment Project Proposal
X. Roundtable Discussion (Approximate time 4:00-4:50)
VIII. New Business (Approximate time 4:50-5:00)
IX. Adjournment

Additional information on this meeting and agenda may be secured from Helen Hecht, Multistate Tax Commission, 444 North Capitol Street, N.W., Suite 425, Washington, D.C. 20001-1538, Telephone: (202) 650-0300.

2015 Annual Committee Meetings webpage.