Taxes

Taking into account central and subcentral taxes, Malta has the highest statutory corporate income tax rate, at 35 percent. Portugal, Germany, and Italy follow, at 30.5 percent, 29.9 percent, and 27.8 percent, respectively. Hungary (9 percent), Bulgaria (10 percent), Cyprus (12.5 percent), and Ireland (12.5 percent) have the lowest corporate income tax rates. On average,

Gov. Moore Proposes Major Tax Changes Amid Budget Deficits Skip to content Home • Blog • Governor Moore Proposes Major Tax Changes in Maryland to Address Chronic Budget Deficits Facing a projected $3 billion budget deficit in fiscal year 2026, with forecasts of a growing gap over the next five years, Governor Wes Moore (D)

Nebraska Property Tax Relief After LB 34 | 2025 Reform Options Skip to content Table of Contents Key Findings Nebraska’s pre-LB 34 efforts to rein in property taxes proved insufficient, with property taxA property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable,

If you plan on selling investments this tax year or in the future, it’s time to get acquainted with cost basis. But what is cost basis, why does the Internal Revenue Service (IRS) care about it, and how does it affect your income tax return? Let’s break it down together by looking at some frequently

Unsustainable US Debt and Impacts of Potential Tax Changes Skip to content Table of Contents Note: “The Sustainability of U.S. Debt and Potential Reforms: Fiscal Rules, Spending and Taxes, and a Fiscal Commission,” which has been published in final form in Public Budgeting & Finance at https://doi.org/10.1111/pbaf.12381. This article may be used for non-commercial purposes

Updated for tax year 2024. Here’s an updated look at what the IRS considers qualified expenses for education credits in 2023 and what other tax breaks are available for those investing in higher education. What education tax credits are available for college students? There are currently two higher education tax credits for students: the American

Updated for tax year 2024. Get ready to mark these important dates on your calendar. Here are the most important tax deadlines and due dates for taxpayers in 2025 — and answers to some common tax questions. Key tax deadlines What are the tax deadlines for 2025? Depending on your tax situation and what kind

Updated for tax year 2024. Most people don’t get into charitable giving purely for a tax benefit. However, the opportunity for tax savings is a nice perk for those who give back! If you itemize deductions on your federal tax return, the IRS permits you to deduct the cash value of any contributions or donations

FDA Cigarette Prohibition Would Cost $33B in Annual Tax Revenue Skip to content Home • Blog • FDA’s Proposed Cigarette Prohibition Would Cost $33 Billion in Annual Tax Revenue Last week, the US Food and Drug Administration (FDA) sent draft rules to the White House that would ban the sale of cigarettes as we now

Alternatives to Tariffs to Boost US Competitiveness | Testimony Skip to content Home • Testimony • Testimony: Alternatives to Tariffs to Boost US Competitiveness Note: The following is the testimony of Erica York, Senior Economist and Research Director at TaxA tax is a mandatory payment or charge collected by local, state, and national governments from

The moving companies’ datasets, while less robust than Census data—and undoubtedly influenced by these companies’ geographic coverage and relative market shares—show similar overall migration patterns. Unlike the Census data in the map above, which show the extent to which each state’s population grew or shrunk due to domestic net migration, the moving companies’ datasets show

Updated for tax year 2024. If your spouse receives disability benefits, it’s very likely that your financial situation has also been impacted. That’s why it’s important to understand what sections of the tax code apply to you and your spouse regarding disability taxes. Here are some tips to keep in mind if your spouse receives