Uniformity Committee Agenda December 2015
PUBLIC NOTICE AND AGENDA
Meeting of the
Multistate Tax Commission
Uniformity Committee
Doubletree by Hilton Hotel
181 Church Street
Charleston, South Carolina 29401
December 10, 2015
8:30 AM— 4:30 PM Eastern Time
Click here for a PDF copy of this agenda
Times listed with the agenda items below are approximate. Participation in the open sessions of this meeting via teleconferencing will be available by using the following dial-in number: 1-800-689-9374, participant passcode 371632#.
I. | Welcome and Introductions (Approx. 8:30-8:45) – Chair Wood Miller, MO | ||
II. | Approval of Minutes of Prior In-Person Meeting (Approx. 8:45-8:50) – Chair | ||
III. | Public Comment Period | ||
In accordance with its Public Participation Policy, the Uniformity Committee provides this opportunity for members of the public to address the Committee and Subcommittees directly on this agenda. The Chair may also provide for public comment before or during discussion of specific agenda items. | |||
IV. | Federal Legislative Update (Approx. 9:00-9:10) – MTC Staff | ||
Update on any federal legislative activity that might impact state taxation. | |||
V. | Sec. 17 Model Market Sourcing Regulations Workgroup Report (Approx. 9:10-10:40) – Workgroup Chair, Michael Fatale, MA and Bruce Fort, MTC | ||
Overview of project, workgroup response to committee direction, update on status, presentation of draft, discussion and possible vote. | |||
– See most current draft | |||
VI. | Sec. 1 Model Definition (“Receipts,” etc.) Regulations Workgroup Report (Approx. 10:40-12:00) – Workgroup Chair, Jennifer Hays, KY and Sheldon Laskin, MTC | ||
Overview of project, workgroup response to committee direction, update on status, presentation of draft, discussion and possible vote. | |||
– See most current draft | |||
VII. | LUNCH (Approx. 12:00-1:15) | ||
VIII. | Discussion of Section 18 Related Issues Identified by Sec. 1 and Sec. 17 Workgroups (Approx. 1:15-2:00) – Helen Hecht, MTC | ||
Report and discuss list of issues that workgroups have identified as needing to be addressed under Section 18 | |||
IX. | Whistleblower Model Act Project Workgroup Report (Approx. 2:00-2:15) – Committee Vice Chair Richard Cram, KS and Sheldon Laskin, MTC | ||
Report status of project and discuss. | |||
X. | Proposed Projects (Approx. 2:15-3:10) | ||
Report of status of proposed RAR (Federal Adjustments) Project – Helen Hecht, MTC | |||
Report on federal changes to partnership rules – audits and assessments of partnerships – state tax implications – Bruce Fort, MTC | |||
– Pennsylvania entity level taxation structure | |||
XI. | Roundtable Discussion (Approx. 3:10-4:20) | ||
XII. | New Business (Approx. 4:20-4:30) | ||
XIII. | Adjournment |
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