US election results: effect on state and local business taxes
Tax legislative update: state edition
Americans will go to the polls on November 6 not only to elect a President, but also many governors and state legislators, and to decide the fate of numerous tax-related ballot measures. This panel will offer its insight on what the electoral results mean for state and local business taxes, and identify those crucial economic, legislative, regulatory and judicial trends that will shape the future of state taxation.
- Analysis of the results of the Presidential, Senatorial and House elections. What do the results mean for the lame duck session and federal tax reform? What will federal tax reform mean for state taxes?
- How did the political landscape change? What does it mean for state business taxes in 2013 and beyond? Might certain states eliminate the personal or corporate income tax?
- The outcome of state ballot initiatives directly affecting taxes: Will Californians vote to raise the state’s personal income and sales tax rates and/or mandate the use of a single sales factor apportionment formula for businesses?
- What is the forecast for state and local revenues and expenditures?
- What might state and local business tax reform look like? How will it happen? What can businesses do and when and how should they react (or act)?
This is an interactive webcast and we encourage you to ask questions.
Michael Mundaca, Ernst & Young LLP, Co-Director, National Tax, Washington, D.C.
Robert Cline, Ernst & Young LLP, Director, State & Local Tax Policy Economics, QUEST, Washington, D.C.
Steve Wlodychak, Ernst & Young LLP, State & Local Tax Leader, Center for Tax Policy, Washington, D.C.
Todd Lard, Vice President, General Counsel, Council on State Taxation, Washington, D.C.
Jeffrey Saviano, Ernst & Young LLP, Director of Indirect and State and Local Tax, New York, NY
Note: We also invite you to attend a companion Ernst & Young LLP webcast, on federal-level election results and what they mean for tax and non-tax business executives, on Friday, November 9, from 1:00 to 2:00 p.m. ET / 10:00 to 11:00 a.m. PT Los Angeles. To register for this event, Click here.