Corporate Taxes

June 16, 2010

In the third part of a series on tax loopholes and special tax preferences, PBPC explains the accounting gimmicks used by large multi-state corporations to funnel profits to tax-haven states like Delaware, allowing them to avoid paying Pennsylvania state corporate taxes.

May 26, 2010

Combined reporting would close corporate tax loopholes and make it harder for multi-state corporations to avoid paying corporate net income tax on income earned in Pennsylvania. PBPC corrects several assertions about combined reporting made by the Pennsylvania Chamber of Business and Industry.

May 11, 2010

During the week of May 24, the House is expected to vote on a legislative package that would end special interest tax breaks in order to preserve critical public services like education and health care.

March 12, 2010

PBPC released the first in a series of policy briefs this week on the proposed 2010-11 state budget. In the first edition of "Budget Points," we take a look at the proposal to create a Stimulus Transition Reserve Fund.

May 22, 2009

An obscure business tax break in the federal economic recovery package could cost Pennsylvania and most other states billions of dollars over the next few years, but lawmakers can take simple steps to prevent the loss, according to a report from the Washington, D.C.-based Center on Budget and Policy Priorities.

June 23, 2008

The bills being considered would benefit corporations with facilities and employees in Pennsylvania, and a higher proportion of sales outside the state.

June 21, 2008

The bulk of the plan includes permanent tax changes popular with business associations but of little value for most businesses or for the economy.

June 16, 2008

The Senate stimulus plan is unlikely to do much to stimulate Pennsylvania's economy and could do more harm than good.

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