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Tag: Inflation Reduction Act

Stock Exchange on Wall St. Close up Signs

New Excise Tax Targets Stock Buybacks

Stock Exchange on Wall St. Close up Signs

As would be expected for legislation with the sweeping scope of the recently passed Inflation Reduction Act, getting enough politicians to vote “yes” required an array of compromises and sweeteners. One of the most important revenue generat...

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FASB: A New Hope for Raising Corporate Taxes

FASB: A New Hope for Raising Corporate Taxes

FASB: A New Hope for Raising Corporate Taxes

It makes for a splashy headline every year after watchdog groups get a chance to comb through corporate financial statements: “[INSERT NAMES OF BIG CORPORATIONS] Paid No Taxes in [INSERT LAST YEAR].” For example, the Institute on Taxation a...

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