by Upstate Tax Professionals | Feb 27, 2020 | Tax Tips and News
Tax Policy – Reliance on Individual Income Tax Revenue in Europe
Today’s map shows the extent to which European countries rely on individual income tax revenue, measured as a share of total tax revenue. According to a recent report on tax revenue sources,...
by Upstate Tax Professionals | Feb 26, 2020 | Tax Tips and News
IRS Tax News – Supreme Court overturns consolidated group tax refund allocation rule
The U.S. Supreme Court struck down the Bob Richards rule for allocating tax refunds among members of a consolidated group, holding that state law is well equipped to...
by Upstate Tax Professionals | Feb 26, 2020 | Tax Tips and News
Tax Policy – South Carolina House Unanimously Approves Business License Tax Reform
It sometimes seems hard to get a group of politicians to agree to anything, so it’s notable that just a hundred miles northwest of Tuesday night’s heated presidential...
by Upstate Tax Professionals | Feb 26, 2020 | Tax Tips and News
Tax Policy – Maryland Legislature Seeks Revenue with Risky Proposals
Ever since Maryland’s Commission on Innovation and Excellence in Education, better known as the Kirwan Commission, began presenting its recommendations for improving Maryland’s education...
by Upstate Tax Professionals | Feb 25, 2020 | Tax Tips and News
Tax Policy – State and Local Individual Income Tax Collections per Capita
The individual income tax is one of the most significant sources of revenue for state and local governments. In fiscal year 2017, the most recent year for which data are available,...
Upstate Tax Professionals