It's likely that in the next few years Floridians no longer will be taxed by the state on stocks, mutual funds and other personal investments. After nearly seven decades of taxing investors, Florida ...

BRADENTON, Fla. — The Florida Senate on Wednesday joined the House and voted to repeal the state’s long-standing intangibles tax on stocks, bonds, notes, government leaseholds, and interests in ...

A business transfer tax is the value-added tax (VAT) in many countries around the world. Some governments charge businesses a fee on every product and service that's manufactured or consumed in that ...

Oklahoma public schools are bracing for a tax cut that it seems no one can predict with much certainty. Schools are always waiting this time of year to see what happens with the state budget, but one ...

The U.S. Congress will soon consider whether to extend the tax cuts enacted in the 2017 Tax Cuts & Jobs Act that are set to expire at the end of 2025. One of those expiring tax cuts grants a ...

During the past two years I have received a number of emails regarding the Business Activity Tax. This tax was put in place as a token $25 tax because of a ruling by the state court system. The court ...

At the end of the Tax Court’s 2016 opinion in Medtronic, a short section briefly summarizes and summarily rejects what the opinion describes as the IRS’s “alternative allocation under section 367(d).” ...

When real estate is closely linked to a business operation, such as a hotel, it can be difficult to separate business value from real estate value. A recent case involving a Disney Yacht and Beach ...

Forbes contributors publish independent expert analyses and insights. Robert Goulder covers developments in U.S. and international taxation. The link between taxation and human rights has always been ...

Intangible drilling and development costs (IDCs) are capital in nature; however, the IRC and regulations provide alternatives for treatment of such costs. The individual or entity that holds the ...

Discover how amortization and impairment affect intangible assets such as patents and goodwill, and understand their impact on a company's balance sheet.