Third Annual Construction Industry Tax Issues Seminar

Get up-to-date information on the latest developments in Arizona’s sales taxation of contracting as well as the new federal deduction for domestic production activities.  While most states make it easy and impose the sales tax on the sale of building materials to contractors, Arizona makes it difficult and exempts the sale of building materials but taxes the prime contractor’s gross receipts for the construction activity, while exempting subcontractors.  And to complicate matters further, the cities’ contracting regime is not uniform with the state’s. 

This presentation will start with an informative overview of Arizona’s contracting sales tax structure and will then focus on many cutting edge issues, such as the tax treatment of construction managers, the city speculative builder tax’s applicability to commercial development, off-site contractors, audit issues with the marketing arm-contracting arm homebuilder structure, and many more.   The seminar will also cover the IRC Section 199 deduction for domestic production activities and its applicability to the construction industry. 

Then join the presenters for a dynamic and informative question and answer period during the lunch hour.  The speakers will be available to respond to your specific construction industry tax questions in an open forum discussion.  Attendees will leave this seminar with a better understanding of the sales tax issues facing the construction industry.