David A. Hughes moderated, “Income Tax Nexus: Implications of Wayfair” at the American Bar Association (“ABA”) Virtual 2021 Fall Tax Meeting.
The U.S. Supreme Court’s decision in Wayfair provided much needed guidance on a state’s authority to impose sales tax. More than three years after the Wayfair decision, many questions remain regarding the decision’s impact on economic nexus for other taxes, especially net income taxes. David explored those questions, including statutory and constitutional restrictions on a state’s authority to assert income tax nexus and the interplay between state income tax sourcing rules and economic nexus.
Please reach out to David with questions or for a copy of the presentation.