In The News: Corporate Tax

View more in Corporate Tax

Massachusetts offering tax amnesty

Apr 5 2016

By Gerry Tuoti, Wicked Local Cape Cod

When deciding to offer tax amnesty, state policymakers must decide whether getting a quick influx of revenue is worth foregoing the amount of money that could be collected as penalties, said Doug Howgate, a researcher with the nonprofit Massachusetts Taxpayers Foundation.
Full article
Forward to a friend

State's tax amnesty program begins April 1

Mar 31 2016

By Gerry Tuoti, The Herald News

When deciding to offer tax amnesty, state policymakers must decide whether getting a quick influx of revenue is worth foregoing the amount of money that could be collected as penalties, said Doug Howgate, a researcher with the nonprofit Massachusetts Taxpayers Foundation.
Full article
Forward to a friend

The Complicated Business of Evaluating Tax Incentives

Feb 25 2016

By Liz Farmer, Governing

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, says that most of the tax credits the state gives out don't specify expectations for the employer. She argues that giving Bump access to tax returns would yield "very subjective" results. "For example, was the brownfields tax credit enacted to create jobs, clean-up contaminated sites or to facilitate economic development?" she says. "Its effectiveness could vary widely depending on the criteria you are using to evaluate it."
Full article
Forward to a friend

Making good on a promise to help the poor

Jul 10 2015

By Shirley Leung, The Boston Globe

The major business groups — from the Massachusetts Taxpayers Foundation to Associated Industries of Massachusetts — have sent a letter to Baker, urging him to veto that part of the budget. Their argument: Companies like certainty, and changing the tax law mid-stream cements Massachusetts’ reputation as a bad place to do business.
Full article
Forward to a friend

Tarr questions closed door deal on taxes

Jul 10 2015

By Michael Norton, State House News Service / NewburyPort News

In a letter to Baker released Wednesday afternoon, the heads of the Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce and the Massachusetts Business Roundtable urged him to veto the plan to repeal the FAS 109 deduction, saying reversing course on the policy “sends a troubling message to businesses that agreements are always subject to change” and contributes to the state’s “poor reputation for tax predictability.”
Full article
Forward to a friend

Plan to repeal tax deduction alarms firms

Jul 9 2015

By Jon Chesto, The Boston Globe

“The fact that the rule changed very quickly and abruptly is problematic, particularly for Massachusetts, where we suffer from the perception that we have a negative tax climate,” McAnneny said. McAnneny signed the letter urging Baker to veto the measure, along with representatives of Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce, and the Massachusetts Business Roundtable.

Full article
Forward to a friend

Does budget run afoul of Baker push for no new taxes?

Jul 8 2015

By Bruce Mohl, CommonWealth Magazine

Christopher Geehern, executive vice president of Associated Industries of Massachusetts, said his organization was deeply disappointed with the Legislature’s decision to repeal the corporate tax deduction. He said AIM, the Massachusetts Taxpayers Foundation, the Massachusetts Business Roundtable, and the Greater Boston Chamber of Commerce plan to write a letter to the governor urging him to veto the provision.
Full article
Forward to a friend

Governor Deval Patrick’s hits and misses

Dec 17 2014

By Shirley Leung, The Boston Globe

When all is said and done,under Deval Patrick, businesses collectively pay at least $150 million more annually in taxes, according to Michael Widmer, president of the Massachusetts Taxpayers Foundation.
Full article
Forward to a friend

Proposed tax increases a concern for Mass. businesses

Mar 24 2013

By Jay Fitzgerald, The Boston Globe

The governor wants to eliminate that exemption to raise up to $285 million in new revenues, according to estimates by the Massachusetts Taxpayers Foundation, a business financed research group in Boston.
Full article
Forward to a friend

Obama Campaign Mounts New Assault on Romney’s Record as Massachusetts Governor

May 30 2012

By Jake Tapper, ABC News

But as Factcheck.org notes, the “Massachusetts Department of Administration and Finance says that fee increases during Romney’s tenure added up to $260 million per year, with another $174 million raised from closing some corporate tax ‘loopholes.’ The independent Massachusetts Taxpayers Foundation puts the revenue total of fee hikes and tax loophole-closings at between $740 and $750 million a year.”

Full article
Forward to a friend
See our site policy on external link content.