Stefi George will speak on webinar panel titled, "DAC 7 And Wayfair: VAT And Sales Tax Compliance In Europe and the U.S.," presented by the New York State Bar Association (NYSBA). The panel will address, DAC 7, the latest iteration of the EU's "Directive on Administrative Cooperation." The directive, which must be applied from January 1, 2023 by EU Member States will have a wide impact on the rest of the world. The panel will cover how platform-based sellers in the U.S. will be affected by this, as they were when the Wayfair case was decided by the U.S. Supreme Court. The panel will also discuss how several states have begun to assert that digital presence is an appropriate nexus for franchise tax purposes, in an apparent contradiction to Federal law providing that certain minimum physical contacts with a state must exist before franchise tax can be imposed on income derived from the sale of products shipped into that state.