News
Politico | Morning Tax: An early filling of the day's tax news
Turner bill would return unused IRS funds to the Treasury - Fix the Debt: Institute for Policy Studies report is off - BUILD report finds small business boost from debt
Washington Times | British watchdogs chastise Google for ‘brazen’ tax dodge
A watchdog group in Britain is accusing Internet giant Google of dodging tax law and failing to pay required revenues, and it’s demanding Prime Minister David Cameron take immediate action.
Econ Comments & Analysis
CRS | A Brief Overview of Business Types and Their Tax Treatment
The income of subchapter C corporations, also known as "regular" corporations, is taxed once at the corporate level according to the corporate tax system, and then a second time at the individual-shareholder level according to the individual tax rates when corporate dividend payments are made or capital gains are recognized. This leads to the so-called "double taxation" of corporate income.
