The Multistate Tax Commission (MTC) held its 55th Annual Meeting in Anchorage, Alaska from August 1st through the 4th. During the four-day event, the Audit, Litigation and Nexus Committees met on Monday, the Uniformity Committee met all day Tuesday, the Commission held its annual business meeting and seminar on Wednesday, and the event wrapped up on Thursday with a very short meeting of the Executive Committee.
Some of the reoccurring themes discussed during the meeting included taxation of cryptocurrency, the recently updated MTC statement on P.L. 86-272, the factor presence nexus standard, and taxation of digital goods and products.
Read the full legal alert here.