Taxation Issues When Conducting Business With Native American Tribes
1 hour 30 minutes
Learn about the tax issues and opportunities you need to know about when doing business with Native American tribes.
As Native American tribes continue to diversify their own economic activities both on and off Native American lands, a growing number of non-Native American companies in the United States and around the world recognize the untapped benefits of locating in Native American lands and doing business with tribes, tribally-owned enterprises and businesses owned by tribal members. These ventures present significant legal challenges along with unique opportunities, particularly in the area of taxation. This topic examines the key federal, state and tribal tax issues facing companies that work with Native American tribes and tribal enterprises, with practical insights into what taxes may apply under particular circumstances, and a discussion of tax incentives and planning considerations relating to economic development on tribal lands and ventures involving tribal enterprises.
• You will be able to identify key tax issues related to doing business in Native American land.
• You will be able to recognize tax opportunities and challenges in economic development in Native American land.
• You will be able to define Native American land, reservation and trust land and understand their relevance to application of federal, state and tribal taxes.
• You will be able to describe the impact of legal incidence of a tax on its applicability or preemption in different types of transactions.