Q1 State Tax Revenue Up; Q2 Outlook is Weaker Growth
- State Tax Revenues Suffer 7.9% Fall. Vadum, Matthew // Bond Buyer;6/24/2002, Vol. 340 Issue 31414, p6
Reports the decline of tax revenues in the U.S. Impact of the declining corporate income tax collection on tax revenues; Decrease of state tax collection; Identification of states with declining revenues.
- Estimating the Sensitivity of State Tax Revenue to Cyclical and Wealth Effects. Seyfried, William; Pantuosco, Louis // Journal of Economics & Finance;Spring2003, Vol. 27 Issue 1, p114
Estimates the elasticities of alternative sources of state tax revenue relative to the economy. Efficient tax frontiers for each state; Effects of the modification of the composition of state tax structures; Characteristics of corporate income taxes.
- State Income Tax Prepayment: A "Quick Fix" for Itemizers at Year-End. Curatola, Anthony P. // Strategic Finance;Nov99, Vol. 81 Issue 5, p24
The article discusses aspects of the U.S. income tax prepayment plan. Proponents say tax prepayment provides an excellent vehicle for shifting taxable income through the next year. For taxpayers prepayment assures that some portion of their tax savings is permanent. Experts warn though that...
- Current Corporate Income Tax Developments: West Region. Diyah, Listya; Baker, Patrick J.; Spader, Kyle A. // Journal of State Taxation;Spring2000, Vol. 18 Issue 4, p39
Discusses the developments of corporate income tax in the U.S. Group filing options; Sales factor of the apportionment formula; Impact of foreign income on the state tax base; Classification of business versus nonbusiness income or apportionable versus allocable income.
- Taxation of Limited Liability Companies. Karns, Jack E. // Journal of State Taxation;Winter2002, Vol. 20 Issue 3, p1
Explores the taxation issues that affect limited liability companies (LLC) at the state and federal levels in the U.S. Application of state franchise and entity taxes, especially when the LLC is classified as a partnership; Withholding of income tax on a nonresident's distributive share of...
- Primer on Sales of Services -- Part II. Schadewald, Michael S. // Journal of State Taxation;May/Jun2011, Vol. 29 Issue 4, p5
The article discusses sales of personal services, the use of independent contractors, and industry-specific apportionment rules in the U.S. It examines laws and regulations that affect the sourcing of sales of services for computing the sales factor. It describes the impact of certain sections...
- THE STATE GOVERNMENT RESPONSE TO FEDERAL INCOME TAX REFORM: INDICATIONS FROM THE STATES THAT COMPLETED THEIR WORK EARLY. Gold, Steven D. // National Tax Journal;Sep87, Vol. 40 Issue 3, p431
This article discusses the response of U.S. state governments to the 1986 federal income tax reform in the country. It is noted that not only are most states conforming to most of the new federal provisions, but the degree of conformity is increasing. Georgia and Minnesota are the best examples,...
- Some States Hike Income Taxes, Mostly on the Wealthy. SEYMOUR, DAN // Bond Buyer;2/16/2010, Vol. 371 Issue 33266, p30
The article reports that several states have increased income tax rates due to decline of their tax revenues in the U.S. in 2009. According to the Census Bureau, state tax receipts have declined by 13.3% in the first quarter of 2009. Moreover, New Jersey has unveiled its millionaires tax of...
- An Overview of State Corporate Taxation for Foreign Investors in the United States. Wood, Robert // Management International Review (MIR);1991, Vol. 31 Issue 2, p173
State and local taxation is an important consideration when planning an investment in the United States. These taxes should be regarded as a controllable business cost, and assessment of their significance should be part of any planning for new investment. This article identifies and discusses...