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Article: Business income taxes in Indiana: who pays?
- Article from:
- Indiana Business Review
- Article date:
- September 22, 2004
- Author:
CopyrightCOPYRIGHT 2004 Indiana University, Indiana Business Research Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Corporate income tax revenues as a share of total tax revenues at the national level have declined over the past decade, as evidenced by a recent report by the federal General Accounting Office, which found that a majority of corporations reported no federal corporate income tax liability during the 1996-2000 period. (1) The large portion of corporations with no federal income tax liability has raised questions about business income taxes at the state level. A comprehensive analysis of business income taxes includes analyzing not only corporate income tax systems but also business income taxed through the individual income tax system. (2)
The examination of ...