One point of contention in the North Carolina tax reform debate has been the fate of one particular tax expenditure—the uncapped sales tax refund for nonprofits. The refund applies to "sales of taxable tangible personal...
- Excess Profits Taxation: A Compilation of Materials on Excess Profi...
Excess Profits Taxation: A Compilation of Materials on Excess Profits Taxation
Foreword This compilation and bibliography are presented in the hope that they will contribute to a fuller understanding of a difficult and at times controversial subject. In selecting the materials included an effort was made to obtain a cross section of opinions and points of view. Attention is directed to the bibliography of periodical and special materials on war, profits and excess profits taxation issued from 1916 to 1940. In the light of recent events, the body of literature developed as a result of our experience with those forms of taxation during and immediately after the War of 1914-1919 has assumed anew significance.
Federal mineral royalty revenues are often overlooked, but they represent a substantial portion of some states’ revenues. Certain minerals, such as coal, oil, and gas, are available for extraction and...
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...
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask
Join the Tax Foundation's fight for sound tax policy Go
Tax By State
For information on your state, select it from the drop-down menu.