Congressional Research Service Reports - Browse

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Major Tax Issues in the 108th Congress
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Major Tax Issues in the 108th Congress
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Major Tax Issues in the 108th Congress
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Major Tax Issues in the 106th Congress: A Summary
No Description Available.
Tax Gap: Proposals in the 110th Congress to Require Brokers to Report Basis on Publicly Traded Securities
Recent and projected large deficits and the need for revenue to offset spending or tax reduction proposals generated congressional and executive branch interest in different proposals to reduce the tax gap; and consequently, raise additional revenue. Proposals in the 110th Congress to require brokers to report adjusted basis on publicly traded securities sold by individuals are examined in this report.
Taxation of Unemployment Benefits
Unemployment compensation (UC) benefits have been fully subject to the federal income tax since the passage of the Tax Reform Act of 1986 (P.L. 99-514). Individuals who receive UC benefits during a year may elect to have the federal (and in some cases state) income tax withheld from their benefits. Legislation was introduced in the 108th Congress that would have repealed the taxation of UC benefits, provided a two-year suspension of the taxation of UC benefits, or transferred the proceeds from taxing UC benefits to the Unemployment Trust Fund. This report provides an overview of the taxation of UC benefits and legislation related to taxing UC benefits.
Transportation Fuel Taxes: Impacts of a Repeal or Moratorium
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Gasoline Excise Tax—Historical Revenues: Fact Sheet
The federal government has levied a tax on gasoline since 1932. This report provides a table that examines this tax since its inception.
Internet Tax Bills in the 105th Congress
This report tracks the evolution and content of the Internet tax freedom bills. In general, the bills would impose a federal moratorium on the ability of state and local governments to impose taxes on certain aspects of the Internet and would establish a temporary federal commission to study selected issues and make policy recommendations.
Short-Run Macroeconomic Effects of Fundamental Tax Reform
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The Marriage Tax Penalty: An Overview of the Issues
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The Marriage Tax Penalty: An Overview of the Issues
No Description Available.
The Marriage Tax Penalty: An Overview of the Issues
No Description Available.
Federal Income Tax Thresholds for Selected Years: 1996 through 2006
No Description Available.
Marriage Tax Penalties: Legislative Proposals in the 106th Congress
No Description Available.
The Potential Distributional Effects of the Alternative Minimum Tax
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Recent Tax Changes Affecting Installment Sales
No Description Available.
Recent Trends in the Federal Tax Burden
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Major Tax Issues in the 105th Congress: A Summary
No Description Available.
Major Tax Issues in the 109th Congress
No Description Available.
Major Tax Issues in the 109th Congress
No Description Available.
Taxes and Fiscal Year 2006 Budget Reconciliation: A Brief Summary
No Description Available.
Taxes and Fiscal Year 2006 Budget Reconciliation: A Brief Summary
No Description Available.
State Taxation of Internet Transactions
This report discusses significant issues in the remote sales tax collection debate, beginning with a description of state and local sales and use taxes.
Tax Credit Bonds: Overview and Analysis
Almost all state and local governments sell bonds to finance public projects and certain qualified private activities. Most of the bonds issued are tax-exempt bonds because the interest payments are not included in the bondholder's (purchaser's) federal taxable income. In contrast, Tax Credit Bonds (TCBs) are a type of bond that offers the holder a federal tax credit instead of interest. This report explains the tax credit mechanism and describes the market for the bonds.
Tax Havens: International Tax Avoidance and Evasion
The first section of this report reviews what countries might be considered tax havens, including a discussion of the Organization for Economic Development and Cooperation (OECD) initiatives and lists. The next two sections discuss, in turn, the corporate profit-shifting mechanisms and evidence on the existence and magnitude of profit shifting activity. The following two sections provide the same analysis for individual tax evasion. The report concludes with overviews of alternative policy options and a summary of specific legislative proposals.
Tax Havens: International Tax Avoidance and Evasion
The first section of this report reviews what countries might be considered tax havens, including a discussion of the Organization for Economic Development and Cooperation (OECD) initiatives and lists. The next two sections discuss, in turn, the corporate profit-shifting mechanisms and evidence on the existence and magnitude of profit shifting activity. The following two sections provide the same analysis for individual tax evasion. The report concludes with overviews of alternative policy options and a summary of specific legislative proposals.
Tax Havens: International Tax Avoidance and Evasion
The first section of this report reviews what countries might be considered tax havens, including a discussion of the Organization for Economic Development and Cooperation (OECD) initiatives and lists. The next two sections discuss, in turn, the corporate profit-shifting mechanisms and evidence on the existence and magnitude of profit shifting activity. The following two sections provide the same analysis for individual tax evasion. The report concludes with overviews of alternative policy options and a summary of specific legislative proposals.
State Taxation of Internet Transactions
This report intends to clarify significant issues in the remote sales tax collection debate, beginning with a description of state and local sales and use taxes. Congress has a role in this issue because interstate commerce, in most cases, falls under the Commerce Clause of the Constitution.
Tax Havens: International Tax Avoidance and Evasion
The first section of this report reviews what countries might be considered tax havens, including a discussion of the Organization for Economic Development and Cooperation (OECD) initiatives and lists. The next two sections discuss, in turn, the corporate profit-shifting mechanisms and evidence on the existence and magnitude of profit-shifting activity. The following two sections provide the same analysis for individual tax evasion. The report concludes with overviews of alternative policy options, a summary of legislation enacted in the 111th Congress, and a summary of specific legislative proposals.
State Taxation of Internet Transactions
This report intends to clarify significant issues in the remote sales tax collection debate, beginning with a description of state and local sales and use taxes. Congress has a role in this issue because interstate commerce, in most cases, falls under the Commerce Clause of the Constitution. Congress will likely be asked to choose between taking either an active or passive role in the debate. In the 111th Congress, H.R. 5660 (former Representative Delahunt) would have granted SSUTA member states the authority to compel out-of- state vendors to collect sales and use taxes.
Tax Havens: International Tax Avoidance and Evasion
The federal government loses both individual and corporate income tax revenue from the shifting of profits and income into low-tax countries, often referred to as tax havens. The revenue losses from this tax avoidance and evasion are difficult to estimate, but some have suggested that the annual cost of offshore tax abuses may be around $100 billion per year. Recent actions by the Organization for Economic Cooperation and Development (OECD) and the G-20 industrialized nations have targeted tax haven countries, focusing primarily on evasion issues. There are also a number of legislative proposals that address these issues including the Stop Tax Haven Abuse Act (S. 506, H.R. 1265); draft proposals by the Senate Finance Committee; two other related bills, S. 386 and S. 569; and a proposal by President Obama. This report discusses this issue in detail.
Tax Credit Bonds: Overview and Analysis
Tax Credit Bonds (TCBs) are a type of bond that offers the holder a federal tax credit instead of interest. This report explains the tax credit mechanism and describes the market for the bonds. It also discusses related pieces of legislation and what the most common uses of the proceeds from TCBs are.
The Alternative Minimum Tax for Individuals: Legislative Activity in the 110th Congress
The alternative minimum tax (AMT) for individuals was originally enacted to ensure that all taxpayers, especially high-income taxpayers, pay at least a minimum amount of federal taxes. However, the AMT is not indexed for inflation, and this factor, combined with recent reductions in the regular income tax, has greatly expanded the potential impact of the AMT. This report explains legislation for the FY2009 budget compromise, which includes an offset AMT patch.
Capital Gains and Securities Transactions Taxation in Japan: Fact Sheet
This fact sheet provides information on the taxation of securities transactions and capital gains income in Japan at the national level.
Political Organizations Under Section 527 of the Internal Revenue Code
No Description Available.