Texas & Louisiana Sales and Use Tax
8.00 Credits
Member Price $249.00
Price will increase by $50 after 10/17
Non-Member Price $400.00
Price will increase by $50 after 10/17
Overview
After completing this 8-hour course, you’ll gain a working knowledge of the important provisions of Louisiana’s & Texas’ sales and use tax rules. Experienced instructors from each state will share their knowledge and experience about the application of the tax rules to businesses and the transactions they conduct in their states. Jimmy Martens and Gary Dressler will also cover recent changes in the sales tax law changes, including those enacted by the Texas and Louisiana legislatures.
AGENDA 8:30 - 10:00 am • Texas Sales & Use Tax Overview: Taxable Goods and Services; Registration, Permit and Reporting; Local Sales & Use Tax; and Common Mistakes. • Multistate Tax Issues: Economic Nexus Rule; Flat Rate Rule; Marketplace Providers; and Multistate Allocation & Use Tax. • Taxable Services: Categories; Common Rules; Real & Personal Property Repairs; Data Processing; Information Services; Computer Consulting; Real Property Construction; and Oilfield Services Industry. 10:00 - 10:10 am Break
10:10 - 12:00 pm • Texas Sales & Use Tax Exemptions: Resale; Manufacturing; Agriculture Exemptions; Research Exemptions; and Gas & Electricity. • Business Transactions: Forming a Business; Occasional Sales; Liquidating a Business; Selling a Business; Leases & Rentals; and Operator Lease Issues. 12:00 - 12:30 pm - Box Lunch
12:30 - 2:00 pm • Louisiana Sales Tax Overview: Basic Concepts of Louisiana Sales Tax Nexus; Sales & Use Tax; Taxable Goods; Taxable Services; and Lease Tax & Leases. 2:00 - 2:10 pm Break 2:10 - 3:30 pm • Sales Tax Exclusions & Exemptions: Exclusions; Exemptions; and Suspension of Exemptions 3:30 - 4:00 pm • Selected Sales & Use Tax Issues: Uniform Local Sales Tax Code; Credit for Taxes Paid; and Managing Audits.
Prerequisites
None
Preparation
None
Leader(s):
Leader Bios
Jimmy Martens
Jimmy Martens, Attorney and CPA, is a partner with Martens, Todd & Leonard, a Texas tax litigation law firm located in downtown Austin, Texas. Mr. Martens has tried tax cases through both the Texas Supreme Court and the U.S. Supreme Court. He limits his practice to challenging Texas franchise and sales tax assessments during audits, in administrative hearings, and in the state courts of Texas. He is board certified by the Texas Board of Legal Specialization in Tax Law. View a list of his reported cases here.
He is a vice chair of the Tax Controversy Committee of the State Bar of Texas and a former chair of the Tax CLE Committee. Mr. Martens serves as the course instructor for the TXCPA's statewide course on the Texas franchise (margin) tax and the Texas sales & use tax. He has taught Texas State Taxation and Tax Controversies & Litigation at the University of Texas School of Law. He writes and speaks frequently on a variety of tax subjects. He received his B.B.A. and J.D. degrees from the University of Texas at Austin, both with honors.
Non-Member Price $400.00
Member Price $249.00