Taxes

Wealth Tax Impact: Details & Analysis | Tax Foundation Skip to content Table of Contents Key Findings Many developed countries have repealed their net wealth taxes in recent years. Among Organisation for Economic Co-operation and Development (OECD) countries, only four currently impose one: Colombia, Norway, Spain, and Switzerland. Countries have repealed their wealth taxes for

UK Full Expensing: Understanding UK Capital Allowances Policy Skip to content Home • Blog • Understanding Full Expensing in the United Kingdom The United Kingdom is nearing snap elections on July 4, 2024, and taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover

Reining in America’s $3.3 Trillion Tax-Exempt Economy Skip to content Table of Contents Key Findings For over a century, lawmakers have exempted politically favored organizations and industries from 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 government

Carbon Taxes in Europe, 2024 | Tax Foundation Europe Skip to content Table of Contents In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems (ETSs), and carbon taxes. In 1990, Finland was the world’s first country to introduce a carbon taxA carbon tax is levied

US Tax Treaty Network: Prioritizing Brazil and Singapore Skip to content Home • Blog • Enhancing the US Tax Treaty Network: Prioritizing Brazil and Singapore Because 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

EU VAT in the Digital Age (ViDA) Proposal | Tax Foundation Europe Skip to content Home • Blog • The European Union’s ViDA Proposal: Ignoring Principles Does Not Make Tax Policy Fairer On 21 June, the European Union’s finance ministers plan to discuss the EU’s VAT in the digital age (ViDA) proposal once again after

Moore v. United States Supreme Court Tax Case Skip to content Home • Blog • Supreme Court Rules against Moores 7-2, Leaves Most Questions Undecided The US Supreme Court released a ruling on the taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover

Transcript Taxes have one job – to raise revenue for the government to provide necessary services. And when taxes are applied at a low rate, on a wide base, they’re likely to do this job better. Unfortunately, this hasn’t always stopped governments from trying to use taxes for other purposes besides raising revenue, like influencing

TCJA Pass-Through Business Tax Reform: Details & Analysis Skip to content Home • Blog • How the TCJA Affected Legal Business Forms 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 government services, goods, and activities. Cuts and

Trump Income Tax and Tariff Proposals: Details & Analysis Skip to content Home • Blog • Five Things to Know about Trump’s Tariff and Income Tax Proposals Last week, former President Trump took his affinity for tariffs much further, floating the possibility of entirely replacing the federal income tax with new tariffs. He also raised

Oregon Ballot Measure IP-17 | Oregon Rebate: Details & Analysis Skip to content Home • Blog • Oregon Ballot Measure Would Yield Sky-High Business Tax Rates The all-in Oregon state and local taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs

Local Sales Taxes vs Income Taxes: Sources of Local Tax Revenue Skip to content Table of Contents Key Findings Local sales and income taxes generate 13 percent and 5 percent of local taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs