by Upstate Tax Professionals | Jan 14, 2020 | Tax Tips and News
Tax Policy – How Controlled Foreign Corporation Rules Look Around the World: China
The Chinese Controlled Foreign Corporation (CFC) regime was adopted in 2008. CFC rules in China are not commonly enforced, and the government relies more on the application...
by Upstate Tax Professionals | Jan 13, 2020 | Tax Tips and News
Tax Policy – Massachusetts Should Create a More Neutral, Competitive Corporate Excise Tax
Several of Massachusetts’ largest employers have created a coalition to seek a change to Massachusetts’ corporate income apportionment formula. The coalition wants...
by Upstate Tax Professionals | Jan 9, 2020 | Tax Tips and News
Tax Policy – Proposal to Increase New York Beer Tax
Commercial brewing of beer has been part of New York state since 1632, when Dutch settlers opened the first brewery in Manhattan. The brewing tradition continued through the centuries, peaking in 1876...
by Upstate Tax Professionals | Jan 9, 2020 | Tax Tips and News
Tax Policy – 2020 VAT Rates in Europe
More than 140 countries worldwide—including all European countries—levy a Value-Added Tax (VAT) on purchases for consumption. As today’s tax map shows, although harmonized to some extent by the European Union (EU), EU...
by Upstate Tax Professionals | Jan 8, 2020 | Tax Tips and News
Tax Policy – Austria’s New Government Revamps Tax Plans
Last week, Austria’s newly formed government consisting of the Austrian People’s Party and the Greens released its government program, putting tax reform once again on the agenda after the collapse of...