ThomsonReuters

FEBRUARY 6, 2024

The differences between direct tax and indirect tax are important to understand. Direct tax is paid directly by the taxpayer to the government and cannot be shifted, like federal income tax. In contrast, indirect tax, such as business property taxes, can be passed on or shifted to others.

Tax 52

Tax income tax Oregon Ohio 52

TaxConnex

OCTOBER 7, 2021

The growth rate for all Tennessee taxes in August was 22.11 Sales tax revenues and state corporate tax receipts (franchise and excise taxes) both posted substantial growth. In Georgia , tax collections were up 12.7% The gross sales tax take finished 15.9% in August year over year.

West Virginia 179

West Virginia Sales Tax Alaska 179

ThomsonReuters

OCTOBER 19, 2022

The Inflation Reduction Act of 2022 imposes a new 15% corporate alternative (book) minimum tax on the adjusted financial statement income of applicable corporations (those with 3-year average financial statement income of at least $1 billion). Tax-exempt organizations may make this election for twelve credits.

Kansas 64

Kansas income tax Kentucky Tax 64

inDinero Tax Tips

APRIL 11, 2023

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax. Delaware offers perhaps the most favorable tax treatment to businesses. Historically, in the U.S.,

Delaware 52

Delaware Nevada Tax Sales 52

PYMNTS

MAY 22, 2020

DCC is the first eCommerce free zone to foster retail growth in the Middle East and North Africa (MENA) region. DCC merchants will not have to pay income tax or corporate tax and will get support services for immigration, healthcare, administration and banking.

income tax 106

income tax corporation tax Construction Healthcare 106

xendoo

JANUARY 16, 2023

From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate. For example, LLCs that opt for the IRS to tax them as corporations are subject to corporate tax rates.

business tax 52

business tax Tax income tax payroll tax 52

PYMNTS

JULY 24, 2017

The retail industry is going through a rough transformation. This shift in the way that retailers operate is evident from consumers’ shift to more online purchases as well as brick-and-mortar stores integrating technology aspects into the shopping experience. We’re seeing big-box retailers like J.C. Paul Ryan (R-Wis.),

Retail 43

Retail Tax corporation tax Agriculture 43