33rd Paul J. Hartman State and Local Tax Forum

Zack is presenting on the topic "All About the Acronyms: State Taxation of Foreign-Source Income." Foreign-source income can produce very different results for state tax purposes than it does federally. This session will provide a practical framework for analyzing the constitutional, conformity, income inclusion, deduction, apportionment and reporting issues that are created when states seek to tax foreign income.

Aruna will speak on the topic "When the Formula Fails: Mismatched Metrics, Distorted Results and Constitutional Limits on State Taxation." As states and local jurisdictions continue to modernize apportionment rules, taxpayers increasingly face situations where the metrics used to source income bear little relationship to actual economic activity. The result can be double taxation, nowhere income or significant distortions that raise constitutional concerns. This session will explore the growing tension between state sourcing regimes and constitutional apportionment principles, highlighting emerging controversies, litigation trends and practical strategies for addressing inequitable outcomes.

The Professor Paul J. Hartman State and Local Tax Forum provides industry, practitioners and state revenue employees the opportunity to participate in a quality forum exploring significant national developments and trends in state and local taxation. The Forum features speakers with the knowledge, expertise and communication skills to impart current developments as well as the practical solutions and planning opportunities in structuring and reporting state and local tax transactions.

For more information or to register, please visit the event page.