Bloomberg Tax Webinar Recapping Supreme Court's Wayfair Ruling Now Available On Demand

ARLINGTON, Va., June 27, 2018 /PRNewswire-USNewswire/ -- Bloomberg Tax today announced that a replay is available online of its day-of-decision webinar on the Wayfair ruling, which overturned Supreme Court precedent that effectively prohibited states from imposing sales taxes on Internet retailers that lack an in-state presence. The roundtable discussion featured experts analyzing the ruling and discussing its impacts on state policymakers, Congress and online retailers. To access the replay, visit http://on.bna.com/Evpe30kGJba.

The discussion focused on a wide range of topics, including the likelihood of Congressional intervention, the prospect of litigation, and whether states will require retroactive payments or seek to look beyond their state borders to satisfy their revenue needs and increase the burden on out-of-state companies.  The panelists agreed that platform providers, whose marketplaces sell others' goods, were likely to move to collect taxes on behalf of their sellers. There was also consensus that online sellers must understand what their "footprint" is in states that they sell into and what the laws are in those states, as well as applicable deadlines. 

"Alone among all tax research platform providers, Bloomberg Tax offered its subscribers day-of-decision analysis and guidance on the game-changing Wayfair ruling from tax policy experts representing corporations, law and accounting firms, government, and academia," said George Farrah, Editorial Director, Bloomberg Tax. "Our team of editors and reporters will be closely following the responses from Congress, states, and the business community in the wake of Wayfair to ensure our subscribers can provide counsel leveraging the latest insights and intelligence." 

Wayfair Ruling: First Impressions and Implications participants included:

• Art Rosen, Partner, McDermott Will & Emery
• Joe Garrett, Deputy Commissioner of Revenue, Alabama Department of Revenue  
• Sue Haffield, Partner, State and Local Tax Practice, PWC
• Greg Matson, Executive Director, Multistate Tax Commission
• Mark Nachbar, Principal, State Income and Franchise Tax, Ryan
• Walt Nagel, Chief Tax Officer, Gannett
• Richard Pomp, Professor of Law, UConn School of Law
• Shirley Sicilian, National Director ? State and Local Tax Controversy, KPMG
• Steven N. Wlodychak, Principal, Indirect Tax, EY

About Bloomberg Tax
Bloomberg Tax provides comprehensive global research, news and technology services enabling tax professionals to get the timely, accurate, and in-depth information they need to plan and comply with confidence. Our flagship Bloomberg Tax platform combines the proven expertise and perspectives of leading tax practitioners in our renowned Tax Management Portfoliostm with integrated news from the industry-leading Daily Tax Report®, authoritative analysis and insights, primary sources, and time-saving practice tools. Bloomberg Tax technology solutions on our proprietary Advantage platform help practitioners simplify complex processes to better control risk and maximize profitability. For more information, visit https://www.bna.com/tax/.

SOURCE Bloomberg Tax