As we approach the first-year anniversary of the Tax Cuts and Jobs Act, states are still formulating legislative and administrative responses to federal tax reform. In addition, over the last few months, more and more states and localities have responded to the Wayfair decision and adopted sales and use tax economic nexus standards. Add in the many state and local tax ballot initiatives to be decided by voters on Election Day, as well potential changes in the make-up of state legislatures and it is an exciting time for state and local tax.
Please join professionals from KPMG’s Washington National Tax State and Local Tax practice as they discuss recent state legislation and guidance on certain aspects of federal tax reform, and provide an overview of the lay of the land post South Dakota v. Wayfair. We will discuss impending changes to Colorado’s local sales and use tax regimes that are expected to affect most sellers making sales of goods into the state. Finally, we will cover key pending ballot initiatives that, if approved, could affect a broad range of state and local taxpayers.