TITLE

Business-Activity Tax Bill Set to Return

AUTHOR(S)
Vadum, Matthew
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/7/2005, Vol. 351 Issue 32065, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the legislation that would limit the ability of state and local governments to impose business-activity taxes on out-of-state businesses will be reintroduced. The bill failed to win congressional approval in 2004. It would bar states and localities from levying franchise taxes, business-license taxes, and other business-activity taxes against any out-of-state company unless the company has a nexus or a substantial physical presence in the taxing state.
ACCESSION #
15954342

 

Related Articles

  • Bill would give breaks for MBT underpayment. Lane, Amy // Crain's Detroit Business;2/16/2009, Vol. 25 Issue 7, p7 

    A summary is presented of the Senate Bill 98, sponsored by Michigan Senator John Pappageorge that would lift penalties for underpaying quarterly estimated payments if the business paid 80%of the tax that's ultimately due.

  • When a good legislator sponsors bad legislation. COOK, BRAD // New Hampshire Business Review;2/20/2015, Vol. 37 Issue 4, p27 

    The article presents the author's views regarding the reintroduction of House Bill 569 by New Hampshire Senator Lou D'Allesandro which would apply the business enterprise tax.

  • Transport Tax Approved. Saskal, Rich // Bond Buyer;5/6/2005, Vol. 352 Issue 32127, p41 

    The article reports that lawmakers in both houses of Hawaii have approved a bill that would give local governments the option of adopting a one-half percentage point increase in Hawaii's 4% general excise tax to fund transportation projects and programs. The bill divides the state into two...

  • LMS says HIPs will go ahead.  // Mortgage Strategy;5/8/2006, p6 

    The article presents information on the Home Information Packs introduced by the Office of the Deputy Prime Minister (ODPM) in Great Britain. The ODPM covers housing, local government, regeneration, planning and urban and regional issues. Former education secretary will take responsibilities for...

  • Change, repeal possible for new biz tax. Lane, Amy // Crain's Detroit Business;11/26/2007, Vol. 23 Issue 48, p6 

    The article presents information related to a bill recently passed by the U.S. Senate which includes unrelated changes to the Michigan Business Tax (MBT). The limits on the life of the surcharge have been criticized by Democrats. It is reported that the U.S. Senate-passed version would raise...

  • Legislature passes tax break, building group forms. Lane, Amy; Duggan, Daniel // Crain's Detroit Business;7/7/2008, Vol. 24 Issue 27, p2 

    The article reports that the Michigan Legislature has passed the Senate Bill 1217 sponsored by Republican Nancy Cassis. The bill allows builders to deduct the cost of materials, supplies and subcontractor payments from their Michigan Business Tax gross receipts. The bill awaits Michigan Governor...

  • Patriot Corporations of America Act of 2006 Introduced in the House. Dee, C. Stanley // Contract Management;Sep2006, Vol. 46 Issue 9, p69 

    The article announces the endorsement of the Patriot Corporations of America Act of 2006 by Representative Janice Schakowsky on June 28, 2006 in the United States. The Act would establish a contracting preference and five percent income tax rate reduction for firms qualifying as Patriot...

  • Republican bill to limit film incentives still in production. Shea, Bill // Crain's Detroit Business;10/13/2008, Vol. 24 Issue 41, p3 

    The article presents information on a legislative bill introduced by Senator Tom George in Michigan, which intended to amend the Michigan Business Tax, to cap the film incentives at $100 million annually, but later that was reduced to $50 million later. The bill is likely to reach the Senate...

  • Legislative recap: 'Short' session a busy one after all.  // Indianapolis Business Journal;3/24/2014, Vol. 35 Issue 4, p7 

    The article looks at the proposals at the Indiana General session on March 14, 2014. The proposed Senate Enrolled Act 1, reduces corporate income-tax and banking tax-rate to 4.9 percent by 2021. More than 30 education-related measures, which include a $10 million pilot pre-school program for...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics