by Upstate Tax Professionals | Feb 20, 2020 | Tax Tips and News
Tax Policy – Reliance on Corporate Income Tax Revenue in Europe
A recent report on tax revenue sources shows the extent to which OECD countries rely on different tax types. Today’s map looks at the corporate income tax, which, compared to individual taxes,...
by Upstate Tax Professionals | Feb 19, 2020 | Tax Tips and News
Tax Policy – How High are State and Local Tax Collections in Your State?
Today’s state tax map shows state and local tax collections per capita in each of the 50 states and the District of Columbia. Tax collections of $10,717 per capita in D.C. surpass...
by Upstate Tax Professionals | Feb 19, 2020 | Tax Tips and News
Tax Policy – Wisconsin Considers Standard Deduction Increase, TPP Tax Reduction
Monday, a tax relief package advanced out of the Wisconsin Joint Committee on Finance and is expected to receive consideration by the full Senate and Assembly this week....
by Upstate Tax Professionals | Feb 19, 2020 | Tax Tips and News
Tax Policy – Sources of Government Revenue in the OECD
Key Findings In 2018, OECD countries raised one-third of their tax revenue through consumption taxes such as the Value-Added Tax (VAT), making consumption taxes on average the most important revenue...
by Upstate Tax Professionals | Feb 19, 2020 | Tax Tips and News
Tax Policy – Analysis of Democratic Presidential Candidates Corporate Income Tax Proposals
Key Findings 2020 Democratic presidential candidates have proposed various changes to the corporate income tax to raise revenue for their policy proposals. This...