Yesterday, the Multistate Tax Commission kicked off its annual conference and committee meetings with meetings of the Audit and Nexus Committees. The MTC’s Audit program continues to grow by adding Iowa, Pennsylvania, Rhode Island and Delaware to the program during the last fiscal year. The MTC Nexus Committee is responsible for administering the National Nexus Program, which includes monitoring policy developments, overseeing the Multistate Voluntary Disclosure Program, and providing legal support to state participants in litigating certain nexus issues. While the Audit Committee is largely closed to the public, the Nexus Committee did conduct much of its work in an open session.
View the full Legal Alert.