U.S. Congressional Research Service Publishes Report on Trends and Proposals for Corporate Tax Revenue
The U.S. Congressional Research Services (CRS) has published a new "In Focus" report dated 27 August 2021 on Trends and Proposals for Corporate Tax Revenue. The report provides an overview of several legislative proposals that would increase corporate taxes, which include, among others:
- Raising the corporate tax rate from 21% to 28% or a top graduated rate of 35%, as well as an alternative mi…