Tax Notes (Paywall 💰) writes about several proactive measures the business community introduced for the legislative session. These proposals include restoring and increasing the research and development tax credit (SB 55), creating a new tax credit for manufacturing and research facilities (HB 2550), and eliminating the state's controversial policy of taxing sales made in states where the activity isn't taxable (HB 2546).
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Tax News & Insights for January 30, 2023
A collection of news articles and commentary to help you stay informed with the latest news in tax politics, policy, and controversy.
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House Revenue - 01.26.2023
The House Revenue Committee heard testimony on two tax administration bills.
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Joint Semiconductors - 01.25.2023
The Joint Semiconductors Committee received testimony on proposals to create new tax incentives to lure investments from chip manufacturers.
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Senate Finance & Revenue - 01.25.2023
The Senate Finance & Revenue Committee received public testimony on proposals to create new exemptions to the corporate activity and estate taxes.
3 min read
House Revenue - 01.25.2023
The House Revenue Committee holds a hearing on the first controversial tax bill of the session.
2 min read