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State Reciprocity Agreements: Income Taxes

TweetShareSharePin0 Shares Before the pandemic, an estimated 5.8 million Americans worked outside their state of residence, while about 8.9 million people worked from home. By 2021, over 27.6 million Americans were working almost exclusively from home, while the number of workers commuting across state lines dipped to 4.5 million. Though the pandemic’s short-run effect was

Spain Start-Up Law Tax Proposal: Details & Analysis

TweetShareSharePin0 Shares Three years after its initial announcement, Spain’s government has given a green light to the “start-up law” and sent it to parliament. The bill that could be approved by mid-2022 is part of the reform package that Spain and the European Commission agreed upon in order for Spain to receive the European Union

Ohio Budget Proposals: Ohio Income Tax Reform

TweetShareSharePin0 Shares Ohio is one of a growing number of states which experienced revenue increases despite the economic slowdown from the coronavirus pandemic and is now looking to return some of that through tax relief. (See analysis of Arizona, Kansas, Louisiana, Montana, and Oklahoma). The question for Ohio legislators is, how best to do that?

Montana Adopts Individual and Corporate Income Tax Reform

TweetShareSharePin0 Shares Montana adopted structural reforms to both individual and corporate income taxes during the recently adjourned legislative session, enacting three bills reducing individual tax rates, simplifying the state’s individual tax system, repealing 16 tax credits, and changing the apportionment factor for corporate income tax. This tax reform package, signed by Gov. Greg Gianforte (R)

These States Will Pay You to Move. Does That Strategy Make Sense?

TweetShareSharePin0 Shares This year, state relocation incentives are striking closer to home. Once the near-exclusive domain of economic development offices seeking to attract employers and business investment, the incentives battle has taken a personal turn, with cities and states increasingly offering incentives to individuals, not just companies, as the opportunity for many people to work

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