Business Taxes

Learning from Europe and America’s Shared Gross Receipts Tax Experience

Corporate Income Tax Rates in Europe, 2019

Sanders and Schumer’s Misguided Stock Buybacks Proposal

Resisting the Allure of Gross Receipts Taxes: An Assessment of Their Costs and Consequences

Amortizing Research and Development Expenses Under the Tax Cuts and Jobs Act

Expensing, or the immediate write-off of R&D costs, is a valuable component of the current tax system. The TCJA’s change to amortization in 2022, requiring firms to write off their business costs over time rather than immediately, would raise the cost of investment, discourage R&D, and reduce economic output.

A High Tax Rate on Star Inventors Lowers Total Innovation

Findings from a new study suggest that while a policy agenda to revive innovation must include an assortment of changes – including greater access to mentorship – tax policy matters too.

Tax Extenders Could Return from the Grave Mid-Filing Season

Wyoming’s Proposed Corporate Tax is More Burdensome Than It Appears

GILTI Minds: Why Some States Want to Tax International Income—And Why They Shouldn’t

The new federal tax on Global Intangible Low-Taxed Income (GILTI) is something of a misnomer: it’s certainly global and it’s definitely income, but the rest of it is, at best, an approximation. It’s not exclusively levied on low-taxed income, nor just on the economic returns from intangible property. So what is GILTI, why might states tax it, and what’s the problem with that?

Toward a State of Conformity: State Tax Codes a Year After Federal Tax Reform

States incorporate provisions of the federal tax code into their own codes in varying degrees, meaning that federal tax reform has implications for state revenue beyond any broader economic effects of tax reform.

States are Betting on Revenue from Sports Betting This Year

How High Are State and Local Tax Collections in Your State?

Higher Corporate Tax Revenues Globally Despite Lower Tax Rates

New Swedish Coalition Government Proposes Sweeping Tax Cut Plan

Does Your State Tax Manufacturing Machinery?

Tax Relief is on the Agenda in Austria

Another Step on the Road Toward Fiscal Union?

Virginia on the Cusp of a $600 Million Unlegislated Tax Increase

Lawmakers Start the New Year with a Long Tax Policy To-Do List

Opportunity Zones: What We Know and What We Don’t

Research suggests place-based incentive programs redistribute rather than generate new economic activity, subsidize investments that would have occurred anyway, and displace low-income residents.