Tax Analysts®Tax Analysts®

My Subscriptions:

Press Releases

October 28, 2013
Tax Analysts Conference: The Project to Rewrite UDITPA: Does Model Legislation Have an Expiration Date?

WHAT: Tax Analysts, the nonprofit provider of federal, state, and international tax news and analysis, will host a conference discussing the Multistate Tax Commission's rewrite of the Uniform Division of Income for Tax Purposes Act. UDITPA was developed over 50 years ago to address how a corporation's tax base would be divided among the states in which it does business. It sought to promote uniformity and ensure that corporate taxpayers are taxed on all of their income – no more and no less. But times have changed. States are moving away from two major provisions in UDITPA: an equal-weighted, three-factor apportionment formula and sales factor sourcing for services and sales of intangibles. The MTC recognized that it was time to rethink UDITPA, and it has begun a project to review it. The speakers and the discussion that will follow will debate why the MTC decided to undertake the rewrite, the recommendations from the hearing officer's report, and what the most important considerations are.

WHO: Tax Analysts President and Publisher Christopher E. Bergin will moderate the discussion, which will feature Richard Pomp, Alva P. Loiselle Professor of Law, University of Connecticut; Shirley K. Sicilian, general counsel, Multistate Tax Commission; Prentiss Willson, of counsel, Sutherland Asbill & Brennan LLP; and Arthur R. Rosen, partner, McDermott Will & Emery LLP.

WHEN: Friday, November 1, from 9 a.m. to 11 a.m., with a continental breakfast at 8:30 a.m.

WHERE: National Press Club, Holeman Lounge, 529 14th Street NW, Washington, D.C.

WHY: This conference is part of a long-running series of panel discussions that Tax Analysts hosts several times a year on tax policy and administration.

ADDITIONAL DETAILS: For more information and to register or view the live video stream, please visit the Tax Analysts event page or contact Shaima Cardillo at 703-531-4852 or shaima_cardillo@tax.org.

About Tax Analysts

Tax Analysts is an influential provider of tax news and analysis for the global community. Over 150,000 tax professionals in law and accounting firms, corporations, and government agencies rely on Tax Analysts' federal, state, and international content daily. Key products include Tax Notes, Tax Notes Today, State Tax Notes, State Tax Today, Tax Notes International, and Worldwide Tax Daily. Founded in 1970 as a nonprofit organization, Tax Analysts has the industry's largest tax-dedicated correspondent staff, with more than 250 domestic and international correspondents. For more information, visit our home page.

Contact communications@tax.org

###