Wednesday, November 20, 2024
| Time | Description | Speakers |
| 7:45 a.m. – 8:10 a.m. | Registration/Breakfast | |
| 8:10 a.m. – 8:30 a.m. | Opening Remarks | |
| 8:30 a.m. – 9:25 a.m. | National SALT Update Join Dan DeJong, Richard Pomp and Marc Simonetti as they recap the nation’s top state tax cases, federal legislation, policy developments and controversies over the last year with an informative and engaging presentation designed to keep practitioners current on non-New England developments and create a framework to approach emerging issues with insight. This year’s presentation will include a focus on National SALT Developments. | Daniel DeJong Marc Simonetti Richard Pomp |
| 9:30 a.m. – 10:30 a.m. | State of the States: New England Commissioners Panel Moderator: Doug Lindholm Join Doug Lindholm as he leads this year’s engaging discussion with a panel of representatives from each of the six New England state revenue agencies regarding top tax administration and policy issues for practitioners and industry. | Doug Lindholm Mark Boughton (CT) Geoffrey Snyder (MA) Alex Weber(ME) Lindsey Stepp (NH) Bethany Whitmarsh (RI) Will Baker (VT) |
| Time | Description | Speakers |
| 10:30 a.m. – 10:50 a.m. | Networking Break | |
| 10:50 a.m. – 11:50 a.m. | Impact of 2024 Elections on SALT Policy Using tax policy as a political lever is hardly a new phenomenon, but the continued polarization of the parties’ agendas and philosophies creates a dramatic difference in approach depending on which party is driving the agenda. This session will provide highlights of the anticipated policy direction we can expect based on the results of November’s federal and state elections. | Joe Crosby Jess Morgan |
| 11:50 a.m. – 12:50 p.m. | Lunch Break Presentation of Stanley Arnold Scholarship | |
| 12:50 p.m. – 1:45 p.m. Track A | The SALT World Gets Bigger – Mandatory Worldwide Reporting Proposals and Potential Impact of Pillar II Several states have recently proposed mandatory worldwide combined reporting regimes. The impact of worldwide reporting can be unpredictable, especially in light of recent developments such as the taxation of GILTI and the impact of OECD Pillar II. This session will include a discussion of the practical issues involved in reporting on a worldwide basis, as well as challenges in auditing returns that include non-US businesses. | Marilynn Wethekam Fred Coolbroth |
| Time | Description | Speakers |
| 12:50 p.m. – 1:45 p.m. Track B | Current Trends and Best Practices in Sales and Use Tax Controversy The panel will discuss the issues that states are currently focusing on in sales and use tax audits, as well as opportunities and challenges relating to audits in the post-COVID era. | Carolynn Kranz Jen Jensen |
| 1:50 p.m. – 2:50 p.m. Track A | Fair Apportionment, Alternative Apportionment & Allocable Income This session will explore current questions concerning the statutory and constitutional rules that apply to corporate income tax apportionment. The presentation will include a discussion of the states’ movement to single sales factor, exclusion of certain receipts from the factor, when alternative apportionment may be appropriate (including discretionary combination) and issues that relate to the assertion that income should be allocated. | Joe Garrett Mike Fatale |
| 1:50 a.m. – 2:50 p.m. Track B | Relying on State Administrative Guidance – Not Always A Straightforward Matter Recent court cases have addressed the degree of deference given to administrative guidance and whether a taxpayer can or must adhere to guidance that appears inconsistent with the law as promulgated by the legislature. Tax authorities have also reissued guidance resulting in substantive retroactive changes. This can create compliance challenges and additional complexity when challenging assessments. | Lindsay LaCava Shirley Sicilian |
| 2:50 p.m. – 3:10 p.m. | Networking Break | |
| 3:10 p.m. – 4:10 p.m. | Evolving Treatment on Foreign Source Income The global effort to address base shifting and cross-border tax equity continues to put income earned outside of the US front and center for policymakers. At the same time, the variations in state treatment of income arising from foreign operations continue to have a dramatic impact on state effective tax rates. This session will address the evolution of states’ positions on the inclusion of foreign source income of various types and the issues that are expected to result in controversy as the post tax reform years are subject to audit. | Alexis Morrison-Howe Karl Frieden |
| 4:15 p.m. – 5:15 pm. | New England SALT Update Join Moderator David Nagle as he leads our New England local experts in a session that will focus on significant tax policy issues in the northeast states, discuss the northeast state’s legislative initiatives over the last 12 months and what to anticipate in the upcoming legislative sessions. | David Nagle Panel: Mike Rylant (CT) Lu Awdeh (MA) Olga Goldberg (ME) Leonore Heavey (NH/VT) Kateryna Melnikova (RI) |
| 5:15 p.m. – 6:30 p.m. | Networking Reception |
