This webinar from the United States Multistate Tax Commission (MTC) is designed to provide an understanding of sales and use tax, income tax, and other tax provisions that affect multistate business entities. Participants will gain a high-level overview of sales, use, and income tax for multistate entities, delving into the intricacies of state taxation nexus principles. The course will cover the MTC Multistate Voluntary Disclosure Program in detail, highlighting its compliance benefits and requirements.

Attendees will learn how to effectively submit an online voluntary disclosure application, understand the selection of states and tax types, and navigate the steps necessary to finalize a voluntary disclosure agreement. The course will illustrate the application of nexus principles to sales and use tax, as well as income tax. Finally, participants will critically evaluate the MTC’s program, learning the essentials of submitting an application and completing the voluntary disclosure process.

Learning Objectives:

• Evaluate a high-level overview of sales and use tax, as well as income tax on multistate business entities


• Recognize state taxation nexus principles


• Identify the compliance benefits and requirements of the MTC Multistate Voluntary Disclosure Program


• Demonstrate the submission of an online voluntary disclosure application for states and tax types selected and the steps in processing the application through to completion of a voluntary disclosure agreement


• List examples of nexus principles applied to sales and use tax


• Identify nexus principles applied to income tax


• Evaluate the MTC’s Multistate Voluntary Disclosure Program, how to submit an application, and what is required to complete the voluntary disclosure process