FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3161658291> ?p ?o ?g. }

• W3161658291 abstract "In 1987, Governor Cuomo signed the Business Tax Reform and Rate Reduction Act, which restructured New York’s Article 9-A corporate income tax. This was the first major overhaul of the state’s tax system since 1944. The process toward change began in 1981, when the legislature created the New York Tax Study Commission at the urging of Speaker of the Assembly Stanley Fink, who realized that the tax system needed an overhaul. The bipartisan Commission hired the author of this article as its first director in 1982. The Commission’s first major project was a review of the Article 9-A corporate income tax. This long article (413 pages and 1,046 footnotes), focuses on the findings of the Commission regarding Article 9-A, but also examines general issues surrounding state corporate income taxes. Chapter Two discusses the effect of state taxes on business location decisions, which was an instrumental factor in the development of New York’s corporate income tax. The article continues with an explanation of the framework of New York’s franchise tax statute prior to the 1987 Act, including four alternative methods a corporation could use to calculate its franchise tax: (1) a tax on income-plus-compensation, (2) a tax on capital, (3) a tax on entire net income, or (4) a minimum tax of $250. Chapter Three analyzes Article 9-A, and discusses the income-plus-compensation alternative. This alternative was a flawed attempt to solve the issue of excessive compensation, and was eliminated by the 1987 Act. Chapter Four examines the alternative tax on capital, which was changed drastically by the 1987 Act. This chapter explains that the Act failed to eliminate all of the shortcomings of this alternative. Chapter Five addresses the alternative tax on net income. Also discussed in this chapter are the two most important tax credits in New York’s system: (1) the investment tax credit, and (2) the employment incentive credit. Chapter Six considers various approaches to reforming New York’s rules regarding the taxation of investment income. This chapter further discusses the allocation of income by a multijurisdictional corporation in New York, and whether the Article 9-A tax should extend to transportation activities. The article concludes by lauding the many positive reforms of New York’s corporate income tax system, and explains that the agenda for future reform is in place. The article urges the State to institutionalize tax reform, which will permanently protect the integrity and operation of the tax system." @default.
• W3161658291 created "2021-05-24" @default.
• W3161658291 creator A5083252058 @default.
• W3161658291 date "1987-01-01" @default.
• W3161658291 modified "2023-09-26" @default.
• W3161658291 title "Reforming a State Corporate Income Tax" @default.
• W3161658291 hasPublicationYear "1987" @default.
• W3161658291 type Work @default.
• W3161658291 sameAs 3161658291 @default.
• W3161658291 citedByCount "6" @default.
• W3161658291 countsByYear W31616582912014 @default.
• W3161658291 countsByYear W31616582912015 @default.
• W3161658291 crossrefType "posted-content" @default.
• W3161658291 hasAuthorship W3161658291A5083252058 @default.
• W3161658291 hasConcept C100001284 @default.
• W3161658291 hasConcept C10138342 @default.
• W3161658291 hasConcept C111326686 @default.
• W3161658291 hasConcept C113216237 @default.
• W3161658291 hasConcept C121955636 @default.
• W3161658291 hasConcept C144133560 @default.
• W3161658291 hasConcept C162324750 @default.
• W3161658291 hasConcept C165786947 @default.
• W3161658291 hasConcept C190253527 @default.
• W3161658291 hasConcept C193681711 @default.
• W3161658291 hasConcept C2776034101 @default.
• W3161658291 hasConcept C2779836051 @default.
• W3161658291 hasConcept C51303962 @default.
• W3161658291 hasConcept C514942387 @default.
• W3161658291 hasConcept C551662922 @default.
• W3161658291 hasConcept C55214782 @default.
• W3161658291 hasConcept C74939039 @default.
• W3161658291 hasConceptScore W3161658291C100001284 @default.
• W3161658291 hasConceptScore W3161658291C10138342 @default.
• W3161658291 hasConceptScore W3161658291C111326686 @default.
• W3161658291 hasConceptScore W3161658291C113216237 @default.
• W3161658291 hasConceptScore W3161658291C121955636 @default.
• W3161658291 hasConceptScore W3161658291C144133560 @default.
• W3161658291 hasConceptScore W3161658291C162324750 @default.
• W3161658291 hasConceptScore W3161658291C165786947 @default.
• W3161658291 hasConceptScore W3161658291C190253527 @default.
• W3161658291 hasConceptScore W3161658291C193681711 @default.
• W3161658291 hasConceptScore W3161658291C2776034101 @default.
• W3161658291 hasConceptScore W3161658291C2779836051 @default.
• W3161658291 hasConceptScore W3161658291C51303962 @default.
• W3161658291 hasConceptScore W3161658291C514942387 @default.
• W3161658291 hasConceptScore W3161658291C551662922 @default.
• W3161658291 hasConceptScore W3161658291C55214782 @default.
• W3161658291 hasConceptScore W3161658291C74939039 @default.
• W3161658291 hasLocation W31616582911 @default.
• W3161658291 hasOpenAccess W3161658291 @default.
• W3161658291 hasPrimaryLocation W31616582911 @default.
• W3161658291 hasRelatedWork W1497268123 @default.
• W3161658291 hasRelatedWork W1506271121 @default.
• W3161658291 hasRelatedWork W1565593954 @default.
• W3161658291 hasRelatedWork W1576845833 @default.
• W3161658291 hasRelatedWork W1582261677 @default.
• W3161658291 hasRelatedWork W163505187 @default.
• W3161658291 hasRelatedWork W1914364334 @default.
• W3161658291 hasRelatedWork W2041802033 @default.
• W3161658291 hasRelatedWork W2156202263 @default.
• W3161658291 hasRelatedWork W2231796039 @default.
• W3161658291 hasRelatedWork W2274288530 @default.
• W3161658291 hasRelatedWork W2281511682 @default.
• W3161658291 hasRelatedWork W2354166231 @default.
• W3161658291 hasRelatedWork W2885553284 @default.
• W3161658291 hasRelatedWork W2939813811 @default.
• W3161658291 hasRelatedWork W3123060202 @default.
• W3161658291 hasRelatedWork W3124012870 @default.
• W3161658291 hasRelatedWork W415941406 @default.
• W3161658291 hasRelatedWork W618325495 @default.
• W3161658291 hasRelatedWork W3125642399 @default.
• W3161658291 isParatext "false" @default.
• W3161658291 isRetracted "false" @default.
• W3161658291 magId "3161658291" @default.
• W3161658291 workType "article" @default.