2024 Olympics And Taxes: Your Suggested Updates Requested

PARIS OLYMPICS- 2024

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Base Broadening – make convincing arguments on why a state tax incentive for business should be repealed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?

Professor Annette Nellen Requests Your Ideas For The 2024 Olympics

TaxConnections Admin

TaxConnections is where you will find leading tax experts and resources worldwide. Please join us at: https://www.taxconnections.com/membership/sign_up

Subscribe to TaxConnections Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.



Leave a Reply