Search for: "Williams v. First Advantage Background Services Corp."
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4 Feb 2019, 6:00 am
Carnegie Endowment President William J. [read post]
26 Sep 2017, 6:41 am
The state’s corporate franchise tax (CFT), a business privilege tax first imposed in 1902, was levied on the greater of net income or net worth.[5] The tangible personal property (TPP) tax, termed “the tax every businessman loves to hate” by then-Governor Bob Taft,[6] was levied on machinery, inventory, furniture, fixtures, and other business equipment.[7] In such an environment, even an arbitrary mode of taxation could be an attractive alternative. [read post]