WHAT!!! Australia should be demanding a flat 65% gas export tax.
Not a dollar less.
#CorporateTaxation #MiningTaxes #NationalFundingReserves #CostsOfLiving

Experts disagree on administrability and international backlash of ending water's edge election Academic witnesses argued recent federal and international reforms reduce compliance friction and can make worldwide combined reporting practicable; business and tax practitioners warned of double taxation, data gaps, compliance costs and litigation, especially for foreign‑parented firms.

Experts clash over California's push for worldwide combined reporting, with advocates highlighting its feasibility while opponents warn of potential double taxation chaos.

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#CA #CitizenPortal #InternationalCompliance #TaxReform #CorporateTaxation

Senator urges Senate to block Treasury rule said to give $10.3 billion in corporate tax relief An unnamed senator on the Senate floor asked colleagues to support a resolution to overturn a Treasury/IRS rule (identified in the transcript as IRS Notice 2025-28) that he said would provide about $10.3 billion in tax relief to large corporations and private equity; he also successfully obtained unanimous consent to grant two staffers floor privileges.

A senator is rallying support to overturn a Treasury rule that could hand over $10.3 billion in tax relief to big corporations—sparking a fierce debate on fairness and fiscal responsibility.

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#US #CitizenPortal #EconomicFairness #CorporateTaxation #BudgetaryAccountability

High‑stakes debate over corporate tax 'capacity' bill leaves SB151 held for the tax package SB151, a capacity bill to decouple New Mexico corporate tax rules from recent federal changes, prompted broad, heated testimony from industry and advocates; committee held the bill for the tax package and signaled further review in Finance.

A fierce debate is brewing over New Mexico's SB151, a corporate tax bill that could reshape the state’s financial landscape and impact local businesses.

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#NM #NewMexicoTaxation #CitizenPortal #RevenueStability #CorporateTaxation #PublicTestimony

Comptroller: Federal Tax Law Changes, Decoupling and SALT Shift State Revenue Timing and Forecasts Maryland Comptroller Brooke Lierman and revenue analysts told the Ways and Means Committee that the office temporarily decoupled from certain federal changes for tax year 2025, blunting an estimated near-term revenue hit while longer-term effects on corporate income tax remain uncertain.

Maryland's Comptroller reveals a strategic decoupling from federal tax changes that could save the state $200 million—what does this mean for your wallet?

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#MD #FiscalResponsibility #CorporateTaxation #RevenueForecasting #MarylandTaxation #CitizenPortal

Committee moves forward with Pennsylvania's Net Operating Loss legislation amidst concerns Legislators discuss the need for stronger NOL policies while advancing a related bill.

Pennsylvania's Finance Committee is pushing for stronger Net Operating Loss policies to keep businesses from leaving the state, but is it enough to spark real change?

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#PA #CitizenPortal #CorporateTaxation #PennsylvaniaFinance #BusinessRetention #EconomicPolicy

Senate Bill 65 amends inventory tax credit for C corporations and cooperatives Louisiana Senate Bill 65 alters inventory tax credit rules for C corporations and cooperatives.

Louisiana's Senate Bill 65 is shaking up the rules for inventory tax credits, impacting C corporations and cooperatives across the state.

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#LA #CorporateTaxation #CitizenPortal #LouisianaTaxation #EconomicPolicy

Michigan treasury refunds $494 million in business tax credits to corporations Treasury confirms companies receive refunds, paying $0 under Michigan business tax net.

Michigan's latest meeting revealed shocking truths about corporate subsidies, with companies raking in $494 million in tax refunds while paying little to no state income taxes.

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#MI #CorporateTaxation #PublicPolicyReform #CitizenPortal #FinancialTransparency

Figure 1: Parallel Trend Test. This figure reports the mean ETR for BRT (treatment group) and non-BRT (control group) firms in the years before and after the 2019 Statement. The BRT group is presented with the blue dashed line, and the non-BRT group is presented with the red solid line. The year of the Statement release is presented with the purple vertical line.

Redefining purpose: the effect of the 2019 Business Roundtable Statement on Corporate Tax Strategies

Sadok El Ghoul, Omrane Guedhami, Rana Jamshed

Open access → doi.org/10.1111/beer...

#BusinessRoundtable #CorporateSocialResponsibility #CSR #Corporations #TaxAvoidance #CorporateTaxation #Taxation

Analysis reveals tax disparities for C corps and S corps under Alaska law C corps face $94M tax while S corps owe nothing under Alaska's current statutes

Alaska’s corporate tax structure reveals a staggering $94 million tax burden for C corporations while S corporations pay nothing—could this inequality spark major tax reform?

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#AK #CitizenPortal #TaxReform #EconomicFairness #AlaskaCorporations #CorporateTaxation

With straightforward language, helpful charts, checklists, diagrams and numerical examples, this updated Understanding series title on #corporatetaxation is the perfect, comprehensive guide for students, new attorneys, and more! ✨

Check it out here ➡️ cap-press.com/books/isbn/9...

Tax expert reviews corporate income tax impacts on Alaska's C and S corporations Tax analysis shows significant differences in liabilities for Alaska's C and S corporations.

Alaska's Senate meeting revealed shocking tax disparities between C and S corporations that could reshape business strategies across the state.

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#AK #TaxReform #AlaskaCorporations #CorporateTaxation #EconomicPolicy #CitizenPortal

Minnesota lawmakers advance bill for income tax and corporate tax reforms Lawmakers propose amendments to tax laws targeting global intangible low-taxed income.

Maine's House Bill 947 could revolutionize the state's tax landscape, promising benefits for corporations while igniting fierce debates over fairness and financial impact on everyday taxpayers.

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#ME #MaineTaxReform #EconomicGrowth #TaxFairness #CorporateTaxation #CitizenPortal