B&I Partners Offer Webinar on Factor Presence Tax Nexus

On September, 27, 2017, partners Martin Eisenstein and Matthew Schaefer co–led a webinar for Strafford Publications on “Factor Presence Nexus for State and Local Taxes: Meeting the Challenges of Developing State Standards.” The webinar provided corporate tax advisers with guidance on attempts by many states to enforce so–called “factor presence nexus” on nonresident corporate taxpayers in the face of judicial and administrative challenges. They discussed the constitutional and statutory (Public Law 86-272) limitations on a state’s power to impose taxes based merely on sales. They also discussed the states’ recent legislation and challenges to such legislation, most of which have been spearheaded by Brann & Isaacson.