Tax Analysts®Tax Analysts®

My Subscriptions:
Marking Derivatives to Market for Tax Purposes

Please join us for a discussion on marking securities to market and House Ways and Means Committee Chair Dave Camp’s recent comprehensive tax reform discussion draft.

More Details and Register Here.

Presidential Tax Returns

The President and the First Lady have released their 2013 federal income tax returns, as well as state income tax return for Illinois.

Download the PDF here.

Student Paper Competition

Call for Entries: Tax Analysts' magazines will be holding a student paper competition for current postgraduate students. High-quality papers will be chosen for publication in a Tax Analysts magazine.

Read More

Publications and Tools

Tax Analysts offers daily and weekly news available both online and in print. Our Expert3 package provides access to the three leading online daily publications that tax experts at the world’s leading firms rely on: Tax Notes Today, State Tax Today, and Worldwide Tax Daily.

Learn More

The Tax Analysts Story

Watch our video and learn about who we are.

FATCA Expert

The FATCA Expert is an essential guide to all FATCA-related news, analyses, intergovernmental agreement updates, and more. This new feature is available with a subscription to Tax Notes Today or Worldwide Tax Daily.

Learn More

Worldwide Tax Summaries

Worldwide Tax Treaties now includes Worldwide Tax Summaries, detailed country tax summaries from the global PwC network of firms linked directly to our full treaties and expert analysis.

Learn More

Preview Page

Blog

April 23, 2014 - 11:32 AM EDT
Solving the ‘Problem’ of Remote Sales
by Cara Griffith
The Marketplace Fairness Act allows states to require remote sellers to collect and remit sales tax even if they have no physical presence in the taxing state. But if a consumer private reporting system could be a workable alternative to the MFA, it is certainly worthy of debate.
[Read More]

All blog posts by Cara Griffith
April 22, 2014 - 5:38 PM EDT
It’s Good to Be the (Ex) President. But It Wasn’t Always.
by Joseph J. Thorndike
The life of a former president wasn’t always cushy. Until 1959, retiring chief executives got precisely nothing in the way of retirement benefits: no Secret Service protection, no administrative support, and certainly no money.
[Read More]

All blog posts by Joseph J. Thorndike
April 21, 2014 - 12:51 PM EDT
The Misleading Debate About the Corporate Income Tax
by Jeremy Scott
The federal government relies less and less on the corporate income tax with each passing year. As corporate tax receipts fall, some policymakers (including the president) have looked to plug holes in international tax rules, arguing that multinationals are taking advantage of leaky transfer pricing rules to legally lower their tax burden. Others have proposed scrapping the corporate tax and replacing it with a consumption tax or something similar. But a recent study argues that focusing on corporate tax revenues misses the point and that overall, federal taxes on businesses have not fallen that much.
[Read More]  (1 comment)

All blog posts by Jeremy Scott
April 15, 2014 - 9:08 AM EDT
Tax Day – It Just Isn’t Fair
by Christopher Bergin
If you want to blow off a little steam on tax day, I have a prescription. Tax Analysts has created a neat video on how widely held partnerships are audited – or not audited. It’s very entertaining, and the perfect way to say happy tax day and get your dander up about the mess that is our tax system. And it won’t cost you one cent in extra taxes.
[Read More]  (6 comments)

All blog posts by Christopher Bergin
April 9, 2014 - 9:53 AM EDT
I'll Raise a Glass to Lower Booze Taxes
by David Brunori
The Kentucky governor just signed a bill (HB 445) giving a big tax break to bourbon producers. The measure will allow distilleries to take a nonrefundable corporate or individual income tax credit against the amount of barrel taxes paid.
[Read More]  (2 comments)

All blog posts by David Brunori
March 11, 2014 - 1:37 PM EDT
10 Reasons Voters Should Think Before Deciding About Camp’s Tax Reforms
by Clint Stretch
Tax reform is a decidedly mixed bag of the good, the bad, and the inevitable. Of course, what is good or bad is a matter of opinion, not fact. Here’s my list of things I think voters should reflect on before they make up their minds on the tax reform proposals from House Ways and Means Committee Chair Dave Camp, R-Mich.
[Read More]  (1 comment)

All blog posts by Clint Stretch
March 10, 2014 - 1:30 PM EDT
If the Camp Tax Reform Bill Won’t Pass, Why Is It So Important?
by Martin A. Sullivan
Gridlock in Congress and lack of leadership from the White House means major tax reform like that proposed by House Ways and Means Committee Chair Dave Camp has little chance of passing before 2017. Nevertheless, Camp's tax reform draft is the most important document on U.S. tax policy in three decades.
[Read More]  (3 comments)

All blog posts by Martin A. Sullivan

Today's News

Preview Page

Federal Tax News from TaxAnalysts.com

FEDERAL HEADLINES
For Wednesday, April 23, 2014

Restaurants Reap Executive Comp Tax Subsidy Windfall, Study Says

Grassley Seeks Answers on Delay of IRS Fraud Detection System

Belgium and U.S. to Sign FATCA Agreement

Loving and the End of RTRPs

Loving Is Affirmed: IRS Lacked Authority to Regulate Preparers

IRS Employees With Compliance Issues Got Rewards, TIGTA Says

Subscribers to Expert3 or Tax Notes Today receive access to the full content for these articles plus many more on a daily basis. Our automated system can send you summary e-mails with links to the full content.
Preview Page

State Tax News from TaxAnalysts.com

STATE HEADLINES
For Wednesday, April 23, 2014

Amazon Study: Customers May Look Elsewhere When Sales Tax Advantage Ends

Report Finds States Spent Less as Federal Government Pulled Back Revenue

Minnesota Lawmakers Questioning Super Bowl Bid

Vermont Students Push Back Against Proposed Repeal of Frat House Tax Exemption

Georgia Roundup: Governor Approves Economic Development Incentives

Oklahoma Roundup: Lawmakers Approve Change to Jobs Incentives

Subscribers to Expert3 or State Tax Today receive access to the full content for these articles plus many more on a daily basis. Our automated system can send you summary e-mails with links to the full content.
Preview Page

International Tax News from TaxAnalysts.com

INTERNATIONAL HEADLINES
For Wednesday, April 23, 2014

Giorgio Armani Settles Italian Tax Dispute for €270 Million

Iraqi Cabinet Approves Draft Tax Treaties With Georgia, Philippines

The Trouble With the BEPS Initiative

2012 Azerbaijan-Croatia Income and Capital Tax Treaty Available

EU Forum Posts Lithuania Transfer Pricing Profile

EU Forum Posts Luxembourg Transfer Pricing Profile

Subscribers to Expert3 or Worldwide Tax Daily receive access to the full content for these articles plus many more on a daily basis. Our automated system can send you summary e-mails with links to the full content.
Preview Page

Featured News

April 23, 2014
Marketplace Fairness Act: The Fallacy of Simplification and the Private Reporting-Based Solution
by James H. Sutton Jr.
In a viewpoint, James H. Sutton Jr. with Moffa, Gainor & Sutton PA writes about how the problems states experience with their sales and use tax systems won't be solved by the Marketplace Fairness Act and proposes a consumer private reporting system as a more viable solution.

April 21, 2014
Is There a Mark-to-Market in Your Future?
by Yoram Keinan
This article is based on a paper presented by the author in February at The Tax Club in New York titled "Is There a Mark-to-Market in Your Future? -- Rethinking the Recent Ways and Means Committee's Proposal to Mark Derivatives to Market." The author wishes to thank the members of The Tax Club for their invaluable input.

April 9, 2014
Black Liquor: The Loophole That Won't Quit
by William Hoffman
Major U.S. paper products manufacturers and distributors are squeezing the last dollars out of a controversial tax credit discontinued years ago but given new life after the IRS declared the refunds would not be taxable income.

April 8, 2014
New Jersey's Alternative Minimum Assessment Is Unconstitutional
by Leah Robinson
In The Jersey Short, Leah Robinson of McDermott Will & Emery describes the unconstitutional application of business taxes to out-of-state companies that do business in the Garden State.

April 7, 2014
News Analysis: Why It Matters That the IRS Has Trouble Auditing Partnerships
by Amy S. Elliott
Most of us have a moment when filing our annual tax returns when we consider the possibility that the IRS might question us about them. The IRS can audit taxpayers, and that audit could lead to additional taxes, interest, and penalties.

April 7, 2014
Audit Proof: The Other IRS Scandal
A video produced by Tax Analysts considers the implications of the IRS's audit practices, in which it closely monitors large corporations but leaves partnerships essentially audit proof.

April 7, 2014
Camp's Tax Reform Would Add Pressure on States
by Jennifer DePaul
Tucked away in the 979-page tax reform proposal of House Ways and Means Committee member Dave Camp, R-Mich., is a provision that would repeal a federal tax benefit that businesses receive from state and local governments for moving or expanding operations to their jurisdiction.

All Featured News

Video Channel

Watch Tax Analysts' video examining how some businesses are effectively audit proof. Read the supplementary article here.

Tax Analysts TV

Watch the video of our conference on the taxpayer bill of rights.

Tax Analysts TV

Watch Marty Sullivan's interview on C-SPAN discussing tax avoidance.

Tax Analysts TV

Watch a discussion on the net investment income tax with its drafters.

Tax Analysts TV

Watch video discussions of tax issues with our experts.

Tax Analysts TV

Featured News
Subscribers

Sign in now to see the latest headlines and updates

Not a Subscriber?

Learn more about our Publications and Tools

Request Information

Not a Subscriber?

Contact a representative at

800-955-3444

Monday through Friday, 8:30 AM to 5:30 PM (ET)
Request information

Subscribe to Our Publications and Tools


Tax News and Analysis

Daily and weekly news available online and in print.

Expert3
Our top-selling package bundles the three online daily publications that tax experts at the world’s leading firms rely on: Tax Notes Today, State Tax Today, and Worldwide Tax Daily.

Federal
Covering all federal tax laws and regulations, Tax Notes and Tax Notes Today keep you up to date with the most thorough news and commentary service available.

State
With state-by-state coverage of the latest tax laws and regulations, State Tax Notes and State Tax Today offer in-depth articles, insightful commentary, and more.

International
News and analysis reported by correspondents in more than 180 nations in Tax Notes International and Worldwide Tax Daily.

Exempt Organizations
In-depth nonprofit tax news and information you won’t find anywhere else but Exempt Organization Tax Review.

Insurance
Comprehensive coverage of the latest developments in insurance taxation in Insurance Tax Review.


Request information or contact a representative: 800-955-3444, Monday through Friday, 8:30 AM to 5:30 PM (ET)

Research Tools

Comprehensive searchable archives

Federal
A vast collection of source documents in two federal reference libraries: the Federal Research Library (online) and the One Disc Premium (DVD).

International
Side-by-side comparisons of in-force income tax treaties plus analysis, withholding rate tables, and more in Worldwide Tax Treaties.

The Tax Directory
The most complete and accurate source of information on corporate and government tax professionals available today — an up-to-date register of more than 20,000 individuals and firms.