Thursday, September 19, 2013
On Tuesday, November 5, 2013, Marilyn A.
Wethekam will be speaking at the 8th Annual Income Tax
Symposium and copresenting with James D. Allen, III (BI Solutions
Their session, entitled "Sourcing
for Sales Other Tangible Personal Property," will examine the
growing battle by states to situs sales of other than tangible
personal property in their state. It will explain the difference
between traditional cost of performance sourcing and the relatively
new concept of market based sourcing. The session will also examine
how to determine the proper sourcing under each of these concepts,
from both a theoretical and practical standpoint.
At the end of this session,
participants will be able to:
- Understand the difference between cost of performance and
market based sourcing;
- Understand the intricacies of how to identify the components of
direct costs and calculate how they are tied to income producing
- Identify the differences in market based sourcing from where
the customer is located to where the benefit is derived;
- Identify when a cost of performance study is needed, and what
one actually looks like.
Horwood Marcus & Berk Partner
Goodman currently serves on the Income Tax Symposium Committee.
For more information about the Symposium, please see the
brochure. The event will take place at the Marriott
Renaissance Esmeralda in Indian Wells, California.
The Annual Income Tax Symposium is
a program of the Institute for Professionals in Taxation (IPT). The
Institute, founded in 1976, is a 501(c)(3) non-profit educational
association serving over 4400 members representing approximately
1450 corporations, firms, or taxpayers throughout the United States
and Canada. It is the only professional organization that educates,
certifies and establishes strict codes of conduct for state and
local income, property and sales & use tax professionals who
represent taxpayers (government officials or organizations do not
qualify for membership). The Institute also provides excellent
educational programs in Value Added Tax (VAT) and Credits &
Incentives. For more information, please visit the IPT's