State and local governments depend on many different types of taxes, one of which is known as an excise tax. Like general sales taxes, excise taxes are paid on the purchase of an item. But unlike sales taxes, excise...
- Arizona Law Prof. John Swain: The Role of Congress in Dev...
Arizona Law Prof. John Swain: The Role of Congress in Developing Apportionment Standards
The United States House of Representatives' Committee on the Judiciary's Subcommittee on Commercial and Administrative Law recently held a hearing titled, "State Taxation: The Role of Congress in Developing Apportionment Standards." In this week's podcast, Arushi Sharma, a clerk with the Tax Foundation's Center for Legal Reform, interviews Professor John A. Swain of the University of Arizona James E. Rogers College of Law, who testified at the hearing on the historical aspects of the apportionment of business income among states and the importance of uniformity in setting apportionment standards. Swain discusses how more states have moved away from a three-factor apportionment formula (property, payroll and sales) to a single-factor sales apportionment formula.
Join the Tax Foundation's fight for sound tax policy Go
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask