State Tax Changes as of July 1, 2019

Key Findings Twenty-three states and the District of Columbia had notable tax services changes take effect on July 1, 2019. Indiana had the lone corporate income tax services change, with the rate decreasing from 5.75 to 5.5 percent. Two states saw changes to certain...
Beto O’Rourke’s War Tax is a New Approach

Beto O’Rourke’s War Tax is a New Approach

Last month, Democratic presidential candidate and former Texas congressman Beto O’Rourke reintroduced his “war tax services” proposal as part of a broader initiative to address veterans’ issues. It mirrors the Veterans Health Care Trust Fund Act, which stalled in the...

How Patent Boxes Impact Business Decisions

While some businesses rely heavily on physical capital such as machinery and buildings, others rely more on intellectual property (IP) such as patents, software, or proprietary production processes. Many tax services jurisdictions have specialized treatment for income...