Tag Archives: Revenue

Massachusetts Department of Revenue Issues Draft Technical Information Release Addressing Opportunity Zones

On May 9, 2019, the Massachusetts Department of Revenue issued for practitioner comment a working draft Technical Information Release ("TIR") addressing the Massachusetts corporate excise and personal income tax ramifications of the federal Opportunity Zone provisions. Due to the different … Continue reading

Posted in Real Estate & Property Law | Tagged , , , , , , , , , , | Leave a comment

Revenue Estimates for Digital Services Taxes

Following the failure of the EU to agree to a new tax on digital services at the end of 2018, several European countries have moved forward with plans to adopt their own unilateral measures. Though some of these efforts predate … Continue reading

Posted in Tax Law | Tagged , , , , | Leave a comment

Testimony: Oregon Should Reevaluate the Proposed Gross Receipts Tax to Raise Revenue for Public Education

Co-Chair Roblan, Co-Chair Smith Warner, Co-Vice Chair Knopp, Co-Vice Chair Smith, and Members of the Committee: My name is Garrett Watson, and I’m an economist and the Special Projects Manager at the Tax Foundation, the nation’s leading nonpartisan, nonprofit tax … Continue reading

Posted in Tax Law | Tagged , , , , , , , , , , | Leave a comment

Internal Revenue Service Reveals Results of Two-Week Employment Tax Compliance Campaign

Yesterday the IRS announced the results of a nationwide two-week “education and enforcement campaign” regarding employment tax compliance. For several years, the IRS has made employment tax compliance a top enforcement priority, on both the civil and criminal sides. With … Continue reading

Posted in Tax Law | Tagged , , , , , , , , | Leave a comment

There are Better Ways to Raise Revenue in Oregon Than a Gross Receipts Tax

This week, Oregon’s Legislative Revenue Office (LRO) provided economic projections to the Joint Committee on Student Success Subcommittee on Revenue to assess the impact of a proposed gross receipts tax on Oregon’s economy. The committee is interested in raising about … Continue reading

Posted in Tax Law | Tagged , , , , , , , , | Leave a comment