Tax Policy – New OECD Data Reveals Decline in U.S. Tax Wedge Is an Outcome of Tax Reform
A new report from the Organisation for Economic Co-operation and Development (OECD) shows that the U.S. tax wedge—the difference between total labor costs to the...Tax Policy – Oregon’s Proposed Corporate Activity Tax Would Harm Low-Income Oregonians the Most
Oregon is moving closer to enacting a new gross receipts tax to support public education funding. The Joint Committee on Student Success is holding public...Tax Policy – Why State-for-Local Tax Swaps Are So Hard to Do
Tax reform is hard. But sometimes local tax reform makes it look easy, particularly when those reforms involve a state-for-local tax swap. Currently, both Texas and Nebraska are considering...Tax Policy – Tax Treaty Network of European Countries
In an increasingly globalized world, many individuals and corporations work and do business abroad. As a result, jurisdictions need to define how income earned in foreign countries is taxed. Otherwise,...Tax Policy – An Analysis of Senator Warren’s ‘Real Corporate Profits Tax’
Key Findings Senator Elizabeth Warren (D-MA) released a proposal for a surtax on corporate profits called the “Real Corporate Profits Tax.” The Real Corporate Profits Tax would be...IRS Tax News – More proposed regs. on qualified opportunity funds issued
The regulations define the term “substantially all,” the definition of which was reserved in the earlier proposed regulations issued in October 2018.
Source: IRS Tax News...