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Economic Nexus: States' Tool to Tax Out-of-State PICs

CCH Tax Law Editors with Contributing Authors

This course examines state court decisions and the actions taken by states regarding the taxation of out-of-state passive investment companies.

Topics covered include:

  • The Nature of PICs
  • Geoffrey
  • Kmart Properties
  • The Gap
  • A&F Trademark
  • Lanco
  • Oklahoma's Geoffrey
  • State Actions

Course Details
Price:  $30.00
Field of Study:  Taxes
Prerequisites:  Basic understanding of passive investment companies
Level:  Basic
CTEC course number:  1075-CE-5077
Course was last updated on:  02/15/08
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Library:
State Taxation

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 2 CPE
QAS 2 CPE
Enrolled Agent (Accepted by the IRS) 2 CPE
CTEC California 2 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Andrew F. submitted on 07/09/2009
Detailed analysis of legal development of substantial and economic nexus.
Reviewer: Anne P. submitted on 04/15/2009
case law application
Reviewer: Timothy S. submitted on 07/05/2008
The quick synsopsis of the cases.
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