Tax Foundation
Recent News About Tax Foundation
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The process of apportionment determines the percentage of a business's profits subject to a jurisdiction's corporate income or other business taxes.
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The European landscape of personal income tax rates for 2025 shows significant variation across the continent.
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Germany's income tax system is under scrutiny for its complexity and the burdens it places on taxpayers.
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The 2025 US tax filing season commenced on January 27th, and it brings to light the ongoing complexity of the nation's tax code.
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Just over a week into his second term, President Donald Trump is swiftly implementing executive orders and policy reversals that could lead to significant changes.
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According to a recent report from the European Commission, VAT compliance across the EU declined in 2022.
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A tax reciprocity agreement is a pact between two or more states that prevents the taxation of income for workers who commute from one state to another.
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The German federal election, set for February 23, 2025, comes at a time of significant international challenges.
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European Commission President Ursula von der Leyen recently addressed the Davos Economic Forum, revealing plans for a unified set of rules across corporate law, insolvency, labor law, and taxation in the European Single Market.
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More than 175 countries, including all major European nations, impose a value-added tax (VAT) on goods and services.
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Lawmakers are currently deliberating on the reconciliation process, with a focus on making permanent improvements to deductions for capital investment and research and development (R&D) costs.
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New Jersey and Utah are considering changes to their economic nexus rules in a move that could impact out-of-state sellers and marketplace facilitators.
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Arkansas is making strides to modernize its tax code, specifically targeting the challenges faced by nonresident workers.
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Policymakers in the new Republican-controlled Congress are facing challenges regarding tax cuts.
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The Trump administration has issued an executive order regarding the global minimum tax agreement, known as Pillar Two.
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Mexico is considering a significant overhaul of its alcohol tax system, proposing a shift from the current ad valorem tax to an ad quantum system.
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Forty-four states in the United States impose a corporate income tax, with rates varying significantly across the country.
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Governor Wes Moore of Maryland has proposed significant tax changes to address the state's projected $3 billion budget deficit for fiscal year 2026.
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European countries, like many around the world, impose corporate income taxes on business profits.
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With ongoing conflict in Ukraine, political challenges in France and Germany, and Donald Trump's return to the U.S. presidency, Europe faces potential shifts this year.