A comprehensive guide to state and local taxes. (TEI Education Fund's: 2002 State and Local Tax Course: July 14-19, 2002 * Los Angeles, California).

Dear Colleague:

The Institute's State and Local Tax Committee has completed plans for TEI Education Fund's 2002 State and Local Tax Course. This year's course will be held from July 14 to July 19 on the campus of UCLA. UCLA provides students with an ideal setting to explore the fundamentals of state taxation and the latest developments in income, franchise, sales and use, and property taxation.

The five-day State and Local Tax Course has been a mainstay of TEI's curriculum. This year's course will feature presentations from highly qualified private practitioners and seasoned tax executives, and will focus on the practical. Following a context-setting session on nexus (including the interaction of prevailing income and sales/use tax principles), students will participate in four different workshops: one on sales and use taxation generally, another on the state tax implications of electronic commerce, a third on income and franchise taxation, and a final one on tax compliance and controversies.

The workshops will begin with interactive lectures during which our faculty will lay a foundation of basic knowledge concerning such key concepts as jurisdiction, allocation and apportionment, combination, and expense allocation. The workshops will then evolve into breakout sessions where the students will apply the concepts by working through a series of real-world examples. This approach will culminate in the mock appellate hearing that promises to be both informative and entertaining. We will also hold sessions on gross receipts, capital, and property taxation, as well as on ethics, acquisitions and corporate restructurings, and the effective use of the state legislative process.

To review the brochure visit TEI's website. I think you will agree that the planning committee has done an excellent job of fine-tuning the State and Local Tax Course to serve the needs of the in-house tax professional. Applications will be processed on a first-come, first-served basis, and only a limited number of registrants can be accepted. To ensure your participation, or that of a member of your staff, please register early.

Sincerely yours,

Robert L. Ashby
President, TEI Education Fund