Taxing Digital Is Hard, Former State Tax Chief Says
For more than a decade, states have had to grapple with the challenge of taxing the digital economy. Peering into cyberspace, tax administrators were often left with more questions than answers. What ...
21 Feb 202412min
Multinationals Shoot Ads With State Film Tax Credits
State film tax credit programs are increasingly financing advertisements for some of the world’s largest consumer product companies, some of which subsequently sell the credits to other companies look...
14 Feb 202415min
Here's What to Know as Tax Filing Season Kicks Off
More than 146 million individual tax returns are expected to be filed before the end of the 2024 tax filing season. The IRS, with the help of the tens of billions of dollars in supplemental cash from ...
7 Feb 202417min
States Eye Worldwide Reporting to Curb Income Shifting
For decades, states’ authorities to tax the earnings of multinational corporations have ended abruptly at the “water’s edge.” Frustration with this limitation, however, has grown in recent years as la...
31 Jan 202415min
Ex-Treasury Official Plowgian Talks OECD Deal's Future
Michael Plowgian, who in December left his role as deputy assistant secretary for international affairs at the Treasury Department, had an eventful stint at the department. The former top OECD negotia...
24 Jan 202414min
Fate of Latest Tax Proposal Is Far From Certain
Leaders of the House and Senate tax-writing committees unveiled a bipartisan framework this week that pairs business breaks with an expansion of the child tax credit, but a path toward passage remains...
17 Jan 202414min
A Look at the US-Taiwan Tax Pact and What Happens Next
In a Congress where lawmakers are divided on an overwhelming set of issues, helping to alleviate double taxation for businesses operating in both the US and Taiwan is one with rare bipartisan unity. H...
10 Jan 202416min
Business Leader Talks OECD Tax Deal and Its Impact
Over the past six months, the OECD has released multiple documents with more details on parts of the international tax deal agreed to by over 140 countries in 2021. But even with the additional clarit...
3 Jan 202418min
