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Biden Sworn In Amid Historic Challenges
Cuomo Targets SALT Cap Relief, Vacation Rentals in $193B Budget
New York Gov. Andrew Cuomo wants to do more than just temporarily levy a surcharge on the state’s wealthiest residents and freeze promised middle-class tax cuts to remedy a looming budget crisis caused by the coronavirus.
California Tax on Foreign Business Income Would Aid Homeless
California would fund housing construction and local services to address homelessness with tax increases aimed at large, multinational corporations under a newly amended bill.
Swedish Millionaires on the Rise Put Finance Minister on Edge
Even the world’s most egalitarian region is grappling with a rising gap between rich and poor.
Businesses Challenge Nebraska’s Tax on Offshore Earnings
Business interests are pushing hard on Nebraska, in the Capitol and the courts, to amend its tax code and abandon strategies taxing the offshore earnings of multinational corporations.
EU Gets Court Boost in Fight Over Spanish M&A Tax Breaks
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Senior Ways and Means Staffer Headed to Treasury
Aruna Kalyanam, a senior Democratic staffer in the House Ways and Means Committee, is headed to the Treasury Department.
N.Y. SALT Cap Workaround Should Apply Broadly, Law Group Says
Any business-level tax that New York enacts to help individuals avoid the federal limit on state and local deductions should apply to both partnerships and S corporations, in line with such taxes in states that include New Jersey and Wisconsin, the New York State Bar Association’s tax section says.
New Jersey Revenue Rose 44.8% in December on Pass-Through Tax
New Jersey’s major tax revenue rose 44.8% in December from a year earlier primarily due to the new pass-through business alternative income tax, which was established last January to provide relief to state taxpayers negatively impacted by the cap on the federal deduction for state and local levies.
Democratic Control of Congress Sets Stage for More Stimulus, Higher Taxes
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A Biden Administration Should Delay Taxes, Says Hubbard
Moelis Sees Taxes, Weather Behind Wall Street Relocation
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States Pursue Online Ad Taxes to Help Fill Budget Gaps
