Pietro M. Stuardi, CPA is a senior tax associate at Holtz Rubenstein Reminick LLP, specializing in international taxation and state and local taxes. He also is a member of the firm's manufacturing and distribution group. Stuardi has worked extensively with foreign investors doing business in the United States. He has provided tax consulting and compliance services to clients in varied industries including distribution, real estate, and service providers, focusing his practice on foreign taxation issues, both inbound and outbound. His specialties include tax withholdings, reporting of foreign activities of U.S. taxpayers, taxation of foreign companies and nonresident aliens, and tax treaty positions. In addition, Stuardi works closely with business and individuals in the area of state and local taxation, including franchise and corporate taxes and sales tax. Stuardi is a CPA licensed in New York State and a member of the American Institute of CPAs (AICPA). He earned a Bachelor in Accounting and Business Management and a Master in Business Administration at the University of Torino, Italy. He completed his studies in Accounting and Taxation at Pace University, New York.
Whether operating as third-party agencies or debt buyers, companies that engage in collection activities in multiple jurisdictions face the issue of determining in which states they must file local returns and pay income tax.
So when does a state have authority to tax a business that operates in multiple states?