Category: State Tax News & Profiles

[ad_1] Despite evidence that place-based tax incentives have been largely ineffective in raising the economic fortunes of people in low-income neighborhoods, an undeterred Congress created […]

[ad_1] Former President Donald Trump’s proposed 10 percent tariff would raise taxes on American consumers by more than $300 billion a year—a tax increase rivaling […]

[ad_1] This week’s tax map illustrates the variety of vaping and electronic nicotine delivery systems (ENDS) tax designs employed by U.S. states. Higher taxes on […]

[ad_1] The Inflation Reduction Act (IRA) is an ambitious law with worthy goals to reduce deficits, fight inflation, help the IRS, and combat climate change. […]

[ad_1] Bermuda, long celebrated for its pristine beaches and offshore financial services, is embarking on a journey to recalibrate its tax mix. Spurred by the […]

[ad_1] Key Findings Pillar Two, an international tax agreement, is intended to incentivize countries to set corporate income tax rates at 15 percent or higher. […]

[ad_1] In 2017, Congress made several permanent changes to the taxation of foreign earnings. These changes included an end to the unlimited deferral of foreign […]

[ad_1] What can Former President Trump’s previous tariff efforts—specifically the safeguards he authorized on imported washing machines in 2018—tell us about his most recent proposal […]