Expensing for capital investment is not a special tax break. Expensing aligns the timing of tax deductions with the timing of actual capital expenditures so that the tax code does not discourage ...

In 2018, the Canadian government increased its capital allowances as a response to the temporary bonus depreciationBonus depreciation allows firms to deduct a larger portion of certain “short-lived” ...

Rising federal government debt and deficits mean that policymakers may increasingly turn to the tax code for additional revenue. Tax Foundation’s new resource, Options for Reforming America’s Tax Code ...

Most research to date finds that US importers have borne between 90 and 100 percent of the tariffs. A new paper finds that foreign exporters absorbed 47 percent of the tariff burden, passing on a ...

A well-structured tax system taxes similar economic activity in similar ways and avoids arbitrary lines, where a small change in circumstances produces a large change in tax. Poland’s treatment of ...

A capital allowanceA capital allowance is the amount of capital investment costs, or money directed towards a company’s long-term growth, a business can deduct each year from its revenue via ...

Withholding tax rates on cross-border dividends, interest, and royalties vary considerably across the 32 European OECD and EU countries, both for inbound payments received by resident investors and ...

Imagine a traveler is planning a relaxing vacation away in the south of France. She wants a small place with character rather than a generic hotel. She searches online intermittently over the course ...

Full expensing under the One Big Beautiful Bill Act does not neutralize the tariff burden on imported goods, as former White House Council of Economic Advisers chair Stephen Miran asserts. Tariffs ...

Note: (a) Control states where effective rate data is unavailable. Products may be subject to ad valorem markups and excise taxes. (b) Different rates also applicable according to alcohol content, ...

When Mark Zuckerberg purchased a Florida mansion in February ahead of a planned relocation, many assumed that the move would come too late to avoid the California billionaire wealth tax, should it be ...