![Ohio commercial activity tax, Ohio gross receipts tax, Ohio business tax reform](https://taxfoundation.org/wp-content/uploads/2020/03/Ohio-Columbus-capitol-e1583874817733-300x200.jpeg)
Blog Articles
![Ohio commercial activity tax, Ohio gross receipts tax, Ohio business tax reform](https://taxfoundation.org/wp-content/uploads/2020/03/Ohio-Columbus-capitol-e1583874817733-300x200.jpeg)
![Nebraska property tax reform, Nebraska tax reform](https://taxfoundation.org/wp-content/uploads/2020/03/Nebraska-farm-tariffs-e1583863836299-300x168.jpeg)
![Tax Returns, Americas tax returns, Corporate Income Tax Rates](https://taxfoundation.org/wp-content/uploads/2019/03/money-tax-inequality-income-e1559073880416-300x200.jpg)
![This week, the Massachusetts Senate is expected to vote on a bill which would ban all non-tobacco flavors from tobacco products. The bill also imposes an excise tax of 75 percent of wholesale value.](https://taxfoundation.org/wp-content/uploads/2019/11/Massachusetts_Statehouse-e1574094110357-300x189.jpg)
![](https://taxfoundation.org/wp-content/uploads/2020/02/South-Carolina-colombia-smaller-e1582747009524-300x166.png)
![Colombia dividend tax](https://taxfoundation.org/wp-content/uploads/2019/03/Colombia-flag-e1553104852851-300x169.jpg)
How Controlled Foreign Corporation Rules Look Around the World: Colombia and a Perspective of Latin America
For Colombia, as well as for other countries in the world that are not capital exporters, one important question is whether CFC rules are necessary or are indirectly a requirement to be part of world organizations like the OECD (which Colombia is not a member) in order to be on the radar of larger economies.
5 min read![Step-up in basis, step up in basis, estate tax, gift tax, stepped-up basis](https://taxfoundation.org/wp-content/uploads/2019/03/estate-tax-4-crop-e1552424862594-300x109.jpg)
![Maryland sales tax hike on businesses proposed by state lawmakers](https://taxfoundation.org/wp-content/uploads/2020/02/Maryland-capitol-Annapolis-e1582560389223-300x183.jpeg)
![mark-to-market definition MTM tax New York Stock Exchange (NYSE) threatens to relocate servers over New Jersey financial transaction tax. Learn more about NJ financial transaction tax proposal.increasing taxes on capital gains, increasing capital gains taxes, increasing capital gains tax](https://taxfoundation.org/wp-content/uploads/2019/08/linkedin-In-Stream_Wide___finance-stock-market-trading-wall-street-financial-e1564765901421-300x158.jpeg)
Recent Study on Financial Transaction Taxes Understates their Economic Harm
FTTs are unreliable sources of revenue and can increase risky financial activities. When looking to address income inequality and raise revenue, lawmakers should look to alternatives to this complicated and distortive tax.
5 min read![](https://taxfoundation.org/wp-content/uploads/2020/02/linkedin-In-Stream_Wide___bloomberg-300x158.jpg)
Bloomberg’s Financial Transaction Tax (FTT) Proposal Revives Bad Policy
In a way, one should sometimes be most wary of taxes with a very, very, very low rate. It suggests a certain hesitance on the part of the policymaker, as if he knows he’s playing with something potentially very damaging.
4 min read![](https://taxfoundation.org/wp-content/uploads/2018/08/linkedin-In-Stream_Wide___manufacturing_factory_worker_labor_full_expensing_jobs_corporate_investment_economy_1_50-e1572385627740-300x158.jpeg)
![Brexit, UK tax system, UK CFC rules, UK controlled foreign corporation, UK BEPS](https://taxfoundation.org/wp-content/uploads/2019/07/UK-flag-555-e1563371770126-300x200.jpg)
New Evidence on Territorial Taxation
6 min read![Wisconsin state budget tax proposals Wisconsin standard deduction increase, Wisconsin tangible personal property tax reform, Madison Wisconsin](https://taxfoundation.org/wp-content/uploads/2020/02/Wisconsin-madison-e1582124889586-300x200.jpeg)
![International Rankings of Germany's Tax System. Learn more about Germany tax system.](https://taxfoundation.org/wp-content/uploads/2019/12/Germany-3-e1576512157963-300x194.jpeg)
How Controlled Foreign Corporation Rules Look Around the World: Germany
Germany has had a Controlled Foreign Corporation (CFC) regime since 1972, when the German Foreign Transactions Tax Act was enacted. Under the German regime, a CFC is a foreign company where its capital or voting rights are either directly or indirectly majority-owned by German residents at the end of its fiscal year.
6 min read![State taxation of GILTI](https://taxfoundation.org/wp-content/uploads/2019/12/Conformity-19-Feb-2020-update-2-02-300x260.png)
Kansas, Nebraska, and Utah Lawmakers Pursue “Not GILTI” Verdicts
Taxing GILTI puts states at a competitive disadvantage compared to their peers—all for a tax that makes very little sense at the state level, and which legislators never sought in the first place.
5 min read![state and local corporation tax burden property tax base and sales tax Sen. Pat Toomey Introduces Bill to Make Full Expensing Permanent](https://taxfoundation.org/wp-content/uploads/2020/02/full-expensing-factory-equipment-machinery-300x200.jpg)
Toomey Introduces Legislation to Make Bonus Depreciation Permanent and Fix the Retail Glitch
Making 100 percent bonus depreciation permanent avoids the uncertainty associated with the phaseout of a powerful pro-growth policy and would provide a cost-effective boost to long-run economic output, wages, and employment in the United States.
2 min read![intellectual property IP tax GILTI FDII global minimum tax Biden tax patent boxes impact business, patent boxes, software, intellectual property tax](https://taxfoundation.org/wp-content/uploads/2019/06/IP-patent-boxe-e1561041263501-300x184.jpeg)
![e-cigarette tax, taxing nicotine products, nicotine tax, vaping, vapor](https://taxfoundation.org/wp-content/uploads/2020/01/E-Cigarette-Nicotine-e1579644479526-300x200.jpeg)
Banning Flavored Tobacco Could Have Unintended Consequences
The prospect of a ban on flavored tobacco and nicotine products highlights the complications of contradictory tax and regulatory policy, the instability of excise taxes that go beyond pricing in the cost of externalities, and the public risks of driving consumers into the black market through excessive taxation or regulation.
6 min read![President Trump's budget highlights need for pro-growth business tax provisions. Learn more about the President's budget proposal](https://taxfoundation.org/wp-content/uploads/2020/02/linkedin-In-Stream_Wide___President_Trump_Meets_with_Israeli_Prime_Minister_Benjamin_Netanyahu_49452701277-e1581537827835-300x158.jpg)
The White House Budget Highlights the Need to Extend Pro-Growth TCJA Business Tax Provisions
Full expensing, if made permanent, would be one of the most cost-effective ways to increase growth as it would produce about 4.5 times more GDP growth per dollar of revenue than making the law’s individual tax provisions permanent, according to our analysis.
3 min read![controlled foreign corporation rules](https://taxfoundation.org/wp-content/uploads/2019/02/international1-flag-flags-300x200.jpg)
Bracing for Impact
Though they are limited by both data and assumptions, the OECD will face similar limitations. As policymakers work to fine-tune the proposals under both Pillar 1 and 2 the impact assessment should be a critical part of that discussion.
6 min read