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AMAZON'S DECISION TO DISCLOSE FBA SELLER DETAILS: WHAT CPAs NEED TO KNOW

Cost Free
Presentation Length 1.0 hour

Recorded DateMarch 22, 2018
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes (Sales Tax)
Course LevelBasic
Series: Sales Tax, Taxes
Course Description

Amazon’s recent disclosure of key information about its third-party FBA sellers to the Massachusetts DOR had created issues and concerns for FBA sellers and their advisors. This webinar will provide CPAs, accountants and tax advisors with key insights and additional knowledge on this significant development so that they can better understand the impact and advise their eCommerce clients. The webinar will also address the changing sales tax landscape and the different approach states are taking to increase sales tax collections from online sales and how eCommerce clients can be better prepared to deal with these new aggressive sales tax laws and evolving DOR policies.

Key points to be addressed in the webinar: 


  • How this development evolved, the significance of Amazon’s decision to disclose FBA seller information to the Massachusetts DOR.

  • The Massachusetts sales tax nexus rules and why the Amazon FBA model creates nexus for FBA sellers.

  • Approaches for quantifying an FBA selling client’s exposure for uncollected and unremitted sales tax

  • Options for dealing with Massachusetts sales tax exposure: Voluntary Disclosure and limited-time amnesty

  • Potential exposure to the Massachusetts corporate income tax.

  • The changing sales tax landscape: overview of states that have adopted economic nexus for sales tax, states that have enacted marketplace facilitator laws

  • The U.S. Supreme Court’s decision to review South Dakota v. Wayfair, Inc., what the outcome could mean if Quill is overturned

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Sylvia F. Dion, CPA is the Founder & Managing Member of PrietoDion Consulting Partners LLC, a tax consulting firm specializing in providing State & Local Tax (SALT) consulting and compliance Services to companies throughout the U.S. and in Europe, Canada, Australia and Asia.  Sylvia’s twenty-five plus years of professional tax experience also include holding SALT Senior Management positions with Ernst & Young and Grant Thornton as well as working in the tax department of corporations in the high-tech, manufacturing, retail and biotechnology industries.  

Sylvia’s primary focus is advising U.S. and foreign companies on their multi-state nexus, the taxability of their products and services, and managing and mitigating their exposure such as through the Voluntary Disclosure process. Her industry focus is in eCommerce (online retail), technology and manufacturing. 

In addition to providing SALT consulting and compliance services, Sylvia is a speaker, writer and avid tax blogger. Her articles on SALT issues and developments have been published in the Journal of Accountancy, Journal of State Taxation, Journal of Multistate Taxation and Incentives, eCommerce Law & Policy, State Tax Notes, Institute for Professionals in Taxation (IPT) Tax Report and Bloomberg BNA’s Tax Management Multistate Tax Report and Weekly State Tax Report. Sylvia is also currently the author of "Minding Massachusetts," a State Tax Notes quarterly column and is a contributor to SalesTaxSupport.com where she blogs on “Internet Sales Tax”, “U.S. Sales Tax for Foreign Sellers” and “Massachusetts Sales Tax.” 

Both in her practice, and in her writing, Sylvia focuses extensively on following and reporting on states’ efforts to redefine what constitutes a physical presence and the evolution of nexus expanding laws. Sylvia has also written extensively on the federal remote seller legislation and has reported on every federal remote seller proposal introduced since 2010.

Sylvia also frequently presents on SALT issues and developments and has been quoted in Bloomberg BusinessWeek, the Boston Globe, NPR, and Forbes.com and other media.

Sylvia is a Certified Public Accountant with a Masters in Taxation from the University of Texas at Austin.  Sylvia is also a fluent in Spanish and proficient in French.

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Scott Peterson

Avalara
Vice President of U.S. Tax Policy and Government Relations
[email protected]
(615) 598-4337

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Scott Peterson is Avalara’s Vice President of U.S. Tax Policy and Government Relations. Prior to Avalara, he was the first Executive Director of the Streamlined Sales Tax Governing Board—an organization devoted to making sales tax more straightforward and more uniform for the benefit of businesses. Scott also spent 10 years as the Director of the South Dakota Sales Tax Division and 12 years providing research and legal writing for the South Dakota Legislature.

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