For the summer Olympics of 2016, I wrote an article on what a State Tax Decathlon could look like. Here are the events:
- The Jock Tax Challenge –
calculate state taxes for professional athlete
- Multistate File and Plan for
individual with activities in 10 states
- The Business Split – calculate
state taxes for multistate business in states with differing sourcing and
apportionment
- Nexus Confidence – based on given
facts, does taxpayer have nexus in the state?
- Amicus Drafting – research and
draft brief with references to at least 30 cases
- Power of the People – draft
ballot materials for a state tax initiative
- Harmony – draft federal
legislation acceptable to all stakeholders
- Dust It Off – persuade a state
legislature to hold hearing and take action on a report of a state tax
commission
- Base Broadening – make convincing
arguments on why a state tax incentive for business should be repealed
- Tax Literacy – design education
plan for high school students to understand their state’s tax system and
compliance obligations
For more details, see "The State Tax Decathlon," Tax Notes State, 9/12/16 (with some background on the decathlon too).
For the summer Olympics of 2020, I wrote about "The State Tax Pentathlon," Tax Notes State, 8/16/21 (the 2020 Olympics were postponed to 2021 due to Covid). One of the tax events: Speed Answering — Like the horse riding and jumping event where athletes do not know the horse they will be assigned, contestants must answer questions from the taxpayer and practitioner phone lines of any 12 randomly selected state tax agencies. Points are awarded for accuracy, clarity, and politeness.
I'm not writing about the 2024 Olympics due to time constraints, BUT, what would you suggest to update my decathlon list form 2016?
This was an amazing read. This olympics tax article gave me some business tips for my own business tax services UK.
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