In the first article of this two-part series, I considered the incentive effects of income and consumption taxes in a hypothetical economy with no passage of time and therefore no savings. 1 In that ...

Automated risk alerts are delaying income-tax refunds without clear reasons. The law allows withholding only through statutory processes, not internal ...

We've heard it hundreds of times: the U.S. has the highest corporate income tax rate in the developed world. Combining the federal and weighted average state corporate income tax rates gives U.S.

This year’s online filing of income tax returns has been plagued by difficulties faced by various categories of taxpayers. Very senior citizens and foreign citizens have been unable to file their ...

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies. The ASU requires consistent categories and greater ...

Senior lawyers Rajiv Ranjan and Sugam Seth, who had been asked to assist the appellate tribunal, concluded that tax is not related to the supply of goods or services rendered by a company and they ...

Although it is well known that wage taxes and income taxes impose work disincentives, the manner in which different tax systems discourage work has been the subject of considerable confusion. A common ...