2023 Spanish Regional Tax Competitiveness Index Skip to content Below is an excerpt of the 2023 Spanish Regional Tax Competitiveness Index (RTCI), a recent report published in collaboration with Fundación para el Avance de la Libertad. Click the link above to download the full report in Spanish. Executive Summary The Regional TaxA tax is a mandatory payment
Taxes
Arkansas Tax Reform: Next Steps | Tax Foundation Skip to content Note: Below is an excerpt from our recent guide, “The Future of Arkansas Tax Reform: Next Steps on the Road Map to Competitiveness.” Download the full report above. Arkansas TaxA tax is a mandatory payment or charge collected by local, state, and national governments
501(c)(3) Nonprofit Revenue Data: Details & Analysis Skip to content Home • Blog • Nonprofits are Financially Healthy and Doing Big Business Can an organization rightfully be called a “nonprofit” if it almost always makes money? And what if most of that organization’s income comes from “business income,” should it legitimately be considered a “charity”?
Labor Share of Net Income is Within Its Historical Range Skip to content Home • Blog • Labor Share of Net Income is Within Its Historical Range As increased political attention focuses on the state of the American worker, expect to see a resurgence of the argument that the labor share of income is in
European Tax Trends & Reforms | Tax Foundation Skip to content Home • Blog • Tax Trends in European Countries In recent years, European countries have undertaken a series of tax reforms designed to maintain taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to
Presented by: Manish Bhatt Brad Scott On October 5th, the Tax Foundation is hosting a webinar to discuss the new sales tax environment created by the 2018 Wayfair Supreme Court decision—and how state policymakers should respond. The Supreme Court’s Wayfair decision overturned precedent and ushered in a new era of remote seller and marketplace facilitator
Business in Europe: Framework for Income Taxation (BEFIT) Skip to content Home • Blog • BEFIT: One-Stop-Shop or One-More-Stop? On 12 September, the European Commission released a proposal called “Business in Europe: Framework for Income TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to
Electric Vehicles: EV Taxes by State: Details & Analysis Skip to content Table of Contents U.S. states fund most of their road and infrastructure budgets with revenues from gasoline taxes. The historical rationale behind this is intuitive. The more people use public roads, the more gasoline they consume, making the gas taxA gas tax is
Beer Taxes in Europe, 2023 | Excise Duty on Beer | Tax Foundation Skip to content Table of Contents As Oktoberfest celebrations kick off around the world, let’s look at how much taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs
US Debt & Deficits: Reforms to Federal Budget & Spending Skip to content Key Findings The federal government’s debt is $33 trillion and rising; budget deficits are projected to grow substantially over the next decade, reaching $2.7 trillion in 2033, or 6.4 percent of gross domestic product (GDP). Debt held by the public will rise
SALT Cap Repeal Benefits High-Income Earners, Data Shows Skip to content Home • Data • Federal Taxes • County Data Shows Repealing SALT Cap Would Benefit High-Income Earners The $10,000 state and local tax (SALT) deductionThe state and local tax (SALT) deduction permits taxpayers who itemize when filing federal taxes to deduct certain taxes paid
EBITDA vs. EBIT: Business Interest Limitation Deduction Skip to content Home • Blog • U.S. Businesses Face Growing Impact from Tightened Interest Deductions and Higher Interest Rates As Congress continues its work on the fiscal year 2024 appropriations process and associated tax provisions, it should consider an often-overlooked taxA tax is a mandatory payment or