AudioDigest*

Financial service industry under the microscope: State tax challenges in a changing environment

The 2007 state legislative year offered unprecedented activity affecting the state taxation of financial service companies. In addition, recent state cases have upheld the application of economic nexus standards on such companies. In this podcast, state and local tax financial services leader Michelle Zahler lead a panel discussion that provides insight and analysis on state legislative and controversy developments facing the industry focused on income/franchise and gross receipts taxation.  Panelists Jane Steinmetz, Brian Rebhun and Archana Warner address state audit issues, explain the impact of recent cases and rulings, the potential impact of legislation on the industry, and provide some best practices the industry can employ when affected by these developments.

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