Taxes

Did the TCJA Simplify the Tax Code? | Compliance & Complexity Skip to content Home • Blog • How Did the Tax Cuts and Jobs Act Simplify the Tax Code? If the individual provisions of the TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses

Europe August 8, 2023July 16, 2024 Patent Box Regimes in Europe, 2023 The aim of patent boxes is generally to encourage and attract local research and development (R&D) and to incentivize businesses to locate IP in the country. However, patent boxes can introduce another level of complexity to a tax system, and some recent research

Trump Social Security Tax Proposal: Details & Analysis Skip to content Home • Blog • Exempting Social Security Benefits from Income Tax Is Unsound and Fiscally Irresponsible On Wednesday, former President Donald Trump indicated he would support exempting Social Security benefits from income taxA tax is a mandatory payment or charge collected by local, state,

2024 Summer Olympics Taxes | TaxEDU Skip to content Home • Blog • How Are Olympians and Attendees Taxed? This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs

Capital Allowances in Europe, 2024 | Tax Foundation Skip to content Although sometimes overlooked in discussions about corporate taxation, capital allowances play an important role in a country’s corporate tax baseThe tax base is the total amount of income, property, assets, consumption, transactions, or other economic activity subject to taxation by a tax authority. A

2025 West Virginia Tax Cuts | Tax Foundation Skip to content Home • Blog • Good Policy Leads to More Tax Cuts for West Virginia Next year, West Virginians will see an income taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the

Real Estate Transaction Tax Rates in German States Skip to content A real estate transaction taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. , or property transfer tax, was first introduced uniformly across

Trump “No Tax on Tips” Proposal: Details & Analysis Skip to content Home • Blog • Frustrated with Tipping? No Tax on Tips Could Make It Worse Have you noticed more businesses asking for tips lately? You’re not alone. According to a Pew Research survey from 2023, 72 percent of Americans have seen an expansion

Inflation Reduction Act Book Minimum Tax: 5G Investment Skip to content Home • Blog • How Does the IRA’s Book Minimum Tax Affect 5G Competition? As lawmakers debate the reauthorization of the Federal Communications Commission’s authority to run spectrum auctions, they should not overlook the taxA tax is a mandatory payment or charge collected by

Placing Biden and Trump Tax Proposals in Historical Context Skip to content Home • Blog • Placing Biden and Trump Tax Proposals in Historical Context From President Biden calling the TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general

Trump Corporate Tax Rate Cut Proposal: Details & Analysis Skip to content Home • Blog • A Lower Corporate Rate Is an Opportunity Worth Taking as Part of Broader Tax Reform As the 2024 presidential campaign season gets fully underway, candidates are beginning to sketch out their taxA tax is a mandatory payment or charge

Patent Box Regimes in Europe, 2024 Skip to content Table of Contents Patent boxA patent box—also referred to as intellectual property (IP) regime—taxes business income earned from IP at a rate below the statutory corporate income tax rate, aiming to encourage local research and development. Many patent boxes around the world have undergone substantial reforms