Students will discuss the issues related to corporate income tax, including formulary apportionment and the definition of a unitary business. Instructors will review federal and state differences, compliance issues, and collection procedures. The Income Tax Track is divided into two sections: Introduction to Multistate Corporate Income Tax, co-instructed by Kathryn Frank, and Advanced Multistate Corporate Income Tax.
The Introduction to Multistate Corporate Income Tax is for those familiar with general tax and accounting concepts but are relatively new to the field of state and local income taxation and Advanced Multistate Corporate Income Tax is for those individuals with four or more years of experience in this area and a familiarity with the key concepts.
Classes utilize the readings, lectures, case study method, hands-on exercises, and discussions, and feature nationally known scholars, tax administrators, and private practitioners as instructors. Our instructors are experts on a wide range of tax issues and are accessible both in the classroom and on an informal basis throughout the 4 days to discuss students' questions. Some out-of-class preparation may be expected. Both tracks follow the same outline.
- Limits on the States' Powers to Tax
- Nexus
- The Tax Base
- Unitary Theory
- Allocation and Apportionment
- The Combined Report
- Managing State Audits
Principal faculty members will be Chris Whitney, Partner, PricewaterhouseCoopers, LLP; Benjamin Miller, Former Counsel, California Franchise Tax Board; Robert P. Merten III, Partner, Pillsbury Law; Bob Heller, Former Shareholder at Clark Nuber PS; Brian Wiggins, Senior Manager, Indirect Tax at Deloitte; Richard Pomp, Professor of Law, UConn School of Law; Chris Schutz, Tax Counsel IV, California Department of Tax and Fee Administration; Grant Shaver, Senior Manager, Clark Nuber PS; Kathleen K. Wright, Director, State and Local Tax Program, Golden Gate University; Dennis J. Ventry, Jr., Professor of Law, UC Davis School of Law; and Darien Shanske, Professor of Law, UC Davis School of Law.