Corporate Income Taxes

Corporate Income Tax Rates in Europe, 2019

Sanders and Schumer’s Misguided Stock Buybacks Proposal

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.

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.

Higher Corporate Tax Revenues Globally Despite Lower Tax Rates

New Swedish Coalition Government Proposes Sweeping Tax Cut Plan

Another Step on the Road Toward Fiscal Union?

Tax Changes Taking Effect January 1, 2019

Tax Trends Heading Into 2019

In 2019, key trends in state tax policy include reductions in corporate tax rates, updating sales tax systems to include remote online sales, taxes on marijuana and sports betting, gross receipts taxes, and more. Explore our new 2019 guide!

The Tax Cuts and Jobs Act After A Year

Throwback and Throwout Rules by State, 2018

South Carolina: A Road Map For Tax Reform

South Carolina is by no means a high tax state, though it can feel that way for certain taxpayers. The problems with South Carolina’s tax code come down to poor tax structure. Explore our new comprehensive guide to see how South Carolina can achieve meaningful tax reform.

State Corporate Alternative Minimum Taxes Fall by the Wayside Post-TCJA

Corporate Tax Rates Around the World, 2018

Since 1980, the worldwide average statutory corporate tax rate has consistently decreased as countries have realized the negative impact that corporate taxes have on business investment decisions.

Sweden is Competitive in Spite of a High Tax Burden

Sanders’ New Bill Rests on Economic Misunderstandings

Technical Corrections to Tax Law Likely Addressed in Lame Duck Session

The TCJA Improved the United States’ International Tax Competitiveness Index Rankings