Ahead of the Senate hearing on “Offshore Profit Shifting and the U.S. Tax Code,” I released a report reminding us that contrary to the perception created by these types of political spectacles, corporations pay a...
- Current Problems and Issues in State Taxation of interstate Commerce
Current Problems and Issues in State Taxation of interstate Commerce
Government Finance Brief No. 3 (New Series)
State taxation of interstate commerce is receiving close attention as a result of a four-year study by a special Congressional committee and subsequent proposals far Federal action to assure uniform treatment of interstate business.
This pamphlet, third in a new series, is designed to furnish background for current discussions and to summarize the findings and recommendations of the Congressional committee. The Foundation takes no position on this or any other legislation.
As Congress moves closer to debating fundamental tax reform, the amount U.S. multinational firms pay in taxes on their foreign income has become a common topic for the press and among politicians. Some of the more sensational press stories and...
In his annual budget briefing, Rhode Island Governor Lincoln Chafee (I) proposed a reduction of the state’s corporate income tax rate from 9 percent to 7 percent over the next three years....