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OECD Report: Tax Revenue in African Countries

by Upstate Tax Professionals | May 28, 2020 | Tax Tips and News

Tax Policy – OECD Report: Tax Revenue in African Countries The Organisation for Co-operation and Economic Development (OECD) has compiled tax revenue data for countries around the world—including 26 African countries, where tax revenue as a percent of GDP...

E-filing of Form 1040-X coming this summer

by Upstate Tax Professionals | May 28, 2020 | Tax Tips and News

IRS Tax News – E-filing of Form 1040-X coming this summer The IRS announced that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, later this summer. Source: IRS Tax News – E-filing of Form...

Legal Sports Betting One Step Closer in Ohio

by Upstate Tax Professionals | May 28, 2020 | Tax Tips and News

Tax Policy – Legal Sports Betting One Step Closer in Ohio This week, the Ohio House of Representatives passed House Bill 194, which would legalize and tax sports betting in the state. The bill now awaits action in the Ohio Senate. If enacted, the bill...

Complexity of Labor Taxes in Europe

by Upstate Tax Professionals | May 28, 2020 | Tax Tips and News

Tax Policy – Complexity of Labor Taxes in Europe Governments require businesses to remit various types of taxes—one being labor taxes. Although labor taxes are generally not borne by businesses, they add to the administrative burden of complying with the...

Digital Taxation Around the World

by Upstate Tax Professionals | May 27, 2020 | Tax Tips and News

Tax Policy – Digital Taxation Around the World Note: Below is an excerpt of our full report. To see more, click the download link above.   Introduction The digitalization of the economy has been a key focus of tax debates in recent years. Political debates...
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