SALTY Jeopardy

Wild Card

100

What is VAT?

Value Added Tax

200

What does GILTI stand for?

Global intangible low-taxed income

300

What state(s) would you file a RITA in?

OH

400

How much did KPMG invest in Lakehouse?

$450 million

500

How many Incoterms are there?

11

Compliance

100

What format is an e-filed return in?

XML

200

What are our two main tax filing software?

GoRS and OIT

300

What is the minimum CA LLC payment amount?

$800

400

What code section of the I.R.C. references excess business interest?

§163(j)

500

What state's Form 765 (composite PTE return) due date is on May 2?

VA

Technology

100

How do you make an absolute reference in an excel file?

$

200

In Alteryx what is the data type used to identify plain text?

String

300

What does VBA stand for?

Visual Basic for Applications

400

What is the command to create a Dir.List?

Dir / b > list.txt

500

What tool is used to modify input XML for tax calculation?

Transeditor

Indirect

100

What is use tax?

The tax on the use of goods or certain services for which sales were not paid, instead use tax is accrued to the users location.

200

How many states do not have a Sales Tax?

Five 

AK

OR

Delaware

NH

300

What does it mean to be a home rule state?

The state's constitution grants municipalities and/or counties to pass laws to govern themselves.

400

What court case changed the landscape for intrastate nexus in 2018?

17-494 SD v. Wayfair, Inc.

500

What court case in 1977 introduced the concept of Nexus?

Complete Auto Transit v. Brady

Firm

100

What day does 2022 Jumpstart begin?

May 27!!!!!

200

Who is our Chair and CEO?

Paul Knopp

300

Where are our ignition offices located?

Denver, Chicago, New York, and Atlanta

400

What year did the merger that created KPMG, formerly KMG occur?

1987

500

What does KPMG stand for? (spelling counts)

Klynveld Peat Marwick Goerdeler