question archive Corporate income taxes (CIT) as a share of state tax revenue have fallen by nearly 60% over the last two decades
Corporate income taxes (CIT) as a share of state tax revenue have fallen by nearly 60% over the last two decades
Subject:EconomicsPrice: Bought3
Corporate income taxes (CIT) as a share of state tax revenue have fallen by nearly 60% over the last two decades. Most of the losses are due to aggressive use of tax avoidance strategies. One of these strategies involves pressing states to change allotment formulas to create “nowhere income.” Discuss how this works.
