MultiTax Commission

An intergovernmental state tax agency whose mission is to promote uniform and consistent tax policy and administration among the states, assist taxpayers in achieving compliance with existing tax laws, and advocate for state and local sovereignty in the development of tax policy.

Uniformity Committee Agenda February 2014

Uniformity & Subcommittees

PUBLIC NOTICE AND AGENDA

Uniformity Committee Meeting 
via Teleconference

– Tuesday, January 28, 2014
– Tuesday, February 4, 2014  
– Tuesday, February 11, 2014 
– Tuesday, February 18, 2014
– Tuesday, February 25, 2014

3:30 p.m. Eastern

NOTE: In the event that not all of these teleconferences will prove to be necessary, the Commission will publish a notice of cancellation of the unnecessary teleconferences

Dial-In Number: 1-888-809-4012
Conference Code: 6815069

Click here for a PDF copy of this agenda

I. Welcome and Introductions
II. Public Comments
III. Review of Report of the Hearing Officer, Multistate Tax Compact Article IV (UDIPTA) Proposed Amendments

Specific Hearing Officer recommendations to be reviewed by Uniformity Committee for recommendation to and further consideration by, the Executive Committee (page references are to the Hearing Officer Report as published on the MTC website):
1. Should Section 18 contain an explicit provision stating that the party invoking alternative apportionment should have the burden of proof that the statutory conditions for alternative apportionment have been satisfied? Should the burden of proof be the same for either the taxpayer or the tax administrator? Hearing Officer Report (“Report”), p. 27.
2. Should Section 18 prohibit the tax administrator from imposing a penalty on a taxpayer (except in cases where the transactions at issue are the result of tax avoidance such as sham transactions, or lack economic substance, do not reflect arm’s length pricing, violate the step transaction doctrine, or otherwise reflect a tax avoidance strategy), when the tax administrator has successfully invoked alternative apportionment but the taxpayer complied with the general apportionment rules in filing its return? Report, p. 29.
3. Should the Executive Committee consider the Hearing Officer’s redraft of Article IV.1 (a) and (e) (definitions of apportionable and non-apportionable income)? Report, p. 53.
4. Should receipts from hedging transactions and the treasury function be included in the receipts factor under Article IV.1 (g)? Report, p. 107.
5. Should the Executive Committee consider the Hearing Officer’s two alternative drafts of Article IV.1 (g) (definition of gross receipts)? Report, p. 111
6. Should Section 18 prohibit the tax administrator from retroactively revoking his prior approval of a taxpayer’s alternative apportionment method, unless there has been a material change in, or a material misrepresentation of, the facts provided by the taxpayer upon which the tax administrator reasonably relied? Report, p. 31
7. Should the use of alternative apportionment under Section 18 be limited to isolated, limited or non-recurring situations? Should the state be required to address issues arising from a common fact pattern or common filing position by regulation rather than by invoking Section 18? Report, p. 32.
IV. Next Steps
V. Adjourn

Past Meeting Documents

Additional information on this meeting and agenda may be secured from the Multistate Tax Commission, 444 North Capitol Street, N.W., Suite 425, Washington, D.C. 20001-1538.