Tax Blog
Tips to help you prepare for tax season
Profit Shifting: Evaluating the Evidence and Policies to Address It
Tax Policy - Profit Shifting: Evaluating the Evidence and Policies to Address It Over the last decade there have been serious efforts by many countries to change tax rules to address profit shifting by multinational businesses. Research on the size and the scope...
Combined State and Federal Corporate Income Tax Rates in 2020
Tax Policy - Combined State and Federal Corporate Income Tax Rates in 2020 Corporations in the United States pay federal corporate income taxes levied at a 21 percent rate. Many states also levy taxes on corporate income. Forty-four states and D.C. have...
FAQ on Digital Services Taxes and the OECD’s BEPS Project
Tax Policy - FAQ on Digital Services Taxes and the OECD’s BEPS Project Questions What is a digital services tax? What is the EU digital tax proposal? What is France’s digital tax proposal? What is the UK’s digital tax proposal? What countries have announced,...
Bottled Spring Water Target of Taxes Once More
Tax Policy - Bottled Spring Water Target of Taxes Once More In December 2019, identical bills HB 861 and SB 1112 were introduced in Florida’s House of Representatives and Senate. The proposals would tax water extraction (excluding production from public water...
Navigating Alaska’s Fiscal Crisis
Tax Policy - Navigating Alaska’s Fiscal Crisis Introduction Alaska has a history of blazing its own path. It forgoes both an income tax and a state sales tax, a distinction shared only with New Hampshire. Many sparsely populated jurisdictions forgo property...
Digital Services Taxes in Europe
Tax Policy - Digital Services Taxes in Europe Over the last few years, concerns have been raised that the existing international tax system does not properly capture the digitalization of the economy. Under current international tax rules, multinationals...

