State Corporate Income Tax Rates and Brackets for 2018
|
|
|
- Cecil Townsend
- 6 years ago
- Views:
Transcription
1 FISCAL FACT No. 571 Feb State Corporate Income Tax Rates and Brackets for 2018 Morgan Scarboro Policy Analyst Key Findings Forty-four states levy a corporate income tax. Rates range from 3 percent in North Carolina to 12 percent in Iowa. Six states Alaska, Illinois, Iowa, Minnesota, New Jersey, and Pennsylvania levy top marginal corporate income tax rates of 9 percent or higher. Seven states Arizona, Colorado, Mississippi, North Carolina, North Dakota, South Carolina, and Utah have top rates at or below 5 percent. Nevada, Ohio, Texas, and Washington impose gross receipts taxes instead of corporate income taxes. Gross receipts taxes are generally thought to be more economically harmful than corporate income taxes. South Dakota and Wyoming are the only states that do not levy a corporate income or gross receipts tax. The Tax Foundation is the nation s leading independent tax policy research organization. Since 1937, our research, analysis, and experts have informed smarter tax policy at the federal, state, and local levels. We are a 501(3) non-profit organization Tax Foundation Distributed under Creative Commons CC-BY-NC 4.0 Editor, Rachel Shuster Designer, Dan Carvajal Tax Foundation 1325 G Street, NW, Suite 950 Washington, DC taxfoundation.org
2 TAX FOUNDATION 2 Corporate income taxes are levied in 44 states. Though often thought of as a major tax type, corporate income taxes account for an average of just 5 percent of state tax collections and 2.6 percent of state general revenue. 1 Iowa levies the highest top statutory corporate tax rate at 12 percent, closely followed by Pennsylvania (9.99 percent) and Minnesota (9.8 percent). Three other states (Alaska, Illinois, and New Jersey) levy rates of 9 percent or higher. Conversely, North Carolina s flat rate of 3 percent is the lowest rate in the country, followed by rates in North Dakota (4.31 percent) and Colorado (4.63 percent). Four other states impose rates at or below 5 percent: Arizona at 4.9 percent, and Mississippi, South Carolina, and Utah at 5 percent. Nevada, Ohio, Texas, and Washington forgo corporate income taxes but instead impose gross receipts taxes on businesses, generally thought to be more economically harmful due to tax pyramiding and nontransparency. 2 Delaware and Virginia impose gross receipts taxes in addition to corporate income taxes. South Dakota and Wyoming levy neither corporate income nor gross receipts taxes. Twenty-seven states and the District of Columbia have single-rate corporate tax systems. The greater propensity toward single-rate systems for corporate tax than individual income tax is likely because there is no meaningful ability to pay concept in corporate taxation. Jeffrey Kwall, professor of law at Loyola University Chicago School of Law, notes that: Graduated corporate rates are inequitable that is, the size of a corporation bears no necessary relation to the income levels of the owners. Indeed, low-income corporations may be owned by individuals with high incomes, and high-income corporations may be owned by individuals with low incomes. 3 A single-rate system minimizes the incentive for firms to engage in economically wasteful tax planning to mitigate the damage of higher marginal tax rates that some states levy as taxable income rises. 1 State & Local Government Finance, Fiscal Year 2015, U.S. Census Bureau. 2 Justin Ross, Gross Receipts Taxes: Theory and Recent Evidence, Tax Foundation, Oct. 6, gross-receipts-taxes-theory-and-recent-evidence/. 3 Jeffrey L. Kwall, The Repeal of Graduated Corporate Tax Rates, Tax Notes, June 27, 2011, 1395.
3 Notable Corporate Income Tax Changes in 2018 TAX FOUNDATION 3 Several states passed corporate income tax rate reductions and other reforms, taking effect in 2017 or Notable corporate income tax changes for 2018 include: In Connecticut, businesses have long faced a 20 percent surtax on top of the state s 7.5 percent corporate income tax rate, bringing the top marginal rate to 9 percent. Effective 2018, the surtax dropped to 10 percent, bringing the top marginal rate to 8.25 percent. 4 The District of Columbia reduced its corporate income tax rate from 8.75 to 8.25 percent as the final part of a 2014 tax reform package. 5 Mississippi began phasing out the 3 percent corporate income tax bracket by exempting the first $1,000 of income this year. The 4 and 5 percent brackets will remain. 6 The tax rate in Indiana will decrease to 5.75 percent on July 1, Sweeping Connecticut Tax Reforms Passed by the General Assembly, Deloitte, June 5, Documents/Tax/us-tax-mts-alert-sweeping-Connecticut-tax-reforms-passed-by-the-general-assembly.pdf. 5 Joseph Bishop-Henchman, D.C. to Enact Remaining Tax Cuts After Projection of Large Recurring Surplus, Tax Foundation, Feb. 28, taxfoundation.org/dc-enact-tax-cuts-large-surplus/. 6 Joseph Bishop-Henchman, Mississippi Approves Franchise Tax Phasedown, Income Tax Cut. Tax Foundation, May 16, mississippi-approves-franchise-tax-phasedown-income-tax-cut/. 7 Scott Drenkard, Indiana s 2014 Tax Package Continues State s Pattern of Year-Over-Year Improvements, Tax Foundation, April 7, taxfoundation.org/indiana-s-2014-tax-package-continues-state-s-pattern-year-over-year-improvements/.
4 TAX FOUNDATION 4 FIGURE 1. How High Are Corporate Income Tax Rates in Your State? Top State Marginal Corporate Income Tax Rates in 2018 CA 8.84% WA OR 7.60% AK 9.40% NV ID 7.40% UT AZ 4.90% MT 6.75% WY CO 4.63% NM 5.90% ND 4.31% SD NE 7.81% KS 7.00% TX OK MN 9.80% IA 12.00% MO 6.25% AR WI 7.90% LA 8.00% IL 9.50% MS MI IN KY TN AL OH VT 8.50% WV PA 9.99% VA NC 3.00% SC GA FL 5.50% NH 8.20% NY ME 8.93% MA 8.00% RI 7.00% CT NJ 9.00% DE 8.70% MD DC HI 6.40% Note: (*) Nevada, Ohio, Texas, and Washington do not have a corporate income tax but do have a gross receipts tax with rates not strictly comparable to corporate income tax rates. Arkansas has a "benefit recapture," by which corporations with more than $100,000 of taxable income pay a flat tax of 6.5% on all income, not just on amounts above the benefit threshold. Connecticut s rate includes a 10% surtax, which effectively increases the rate from 7.5% to. Surtax is required by businesses with at least $100 million annual gross income. Illinois' rate includes two separate corporate income taxes, one at a 7.0% rate and one at a 2.5% rate. Lower Top State Marginal Corporate Income Tax Rate Higher Source: State tax statutes, forms, and instructions; Bloomberg BNA
5 TAX FOUNDATION 5 State Corporate Income Tax Rates and Brackets for 2018 State Rates Brackets Ala. > $0 Alaska 0.00% > $0 2.00% > $25, % > $49, % > $74,000 > $99,000 > $124, % > $148, % > $173, % > $198, % > $222,000 Ariz. 4.90% > $0 Ark. (a) 1.00% > $0 2.00% > $3, % > $6,000 > $11,000 > $25,000 > $100,000 Calif. 8.84% > $0 Colo. 4.63% > $0 Conn. (b) > $0 Del. 8.70% > $0 Fla. 5.50% > $0 Ga. > $0 Hawaii 4.40% > $0 5.40% > $25, % > $100,000 Idaho 7.40% > $0 Ill. (d) 9.50% > $0 Ind. (e) 6.25% > $0 State Rates Brackets State Rates Brackets Iowa > $0 Nev. 8.00% > $25,000 N.H. 8.20% > $ % > $100,000 N.J. (f) 9.00% > $100, % > $250,000 N.M. (g) 4.80% > $0 Kans. 4.00% > $0 5.90% > $500, % > $50,000 N.Y. > $0 Ky. 4.00% > $0 N.C. 3.00% > $0 > $50,000 N.D. 1.41% > $0 > $100, % > $25,000 La. 4.00% > $0 4.31% > $50,000 > $25,000 Ohio > $50,000 Okla. > $0 7.00% > $100,000 Ore. 6.60% > $0 8.00% > $200, % > $1,000,000 Maine 3.50% > $0 Pa. 9.99% > $0 7.93% > $25,000 R.I. 7.00% > $0 8.33% > $75,000 S.C. > $0 8.93% > $250,000 S.D. None Md. > $0 Tenn. > $0 Mass. 8.00% > $0 Tex. Mich. > $0 Utah > 0 Minn. 9.80% > $0 Vt. > $0 Miss. 0.00% > $0 7.00% > $10, % > $1, % > $25, % > $5,000 Va. > $0 > $10,000 Wash. Mo. 6.25% > $0 W.Va. > $0 Mont. 6.75% > $0 Wis. 7.90% > $0 Nebr. 5.58% > $0 Wyo. None 7.81% > $100,000 D.C. 9.00% > $0 (a.) Arkansas has a benefit recapture, by which corporations with more than $100,000 of taxable income pay a flat tax of 6.5% on all income, not just on amounts above the benefit threshold. (b.) Rate includes a 10% surtax, which effectively increases the rate from 7.5% to. Surtax is required by businesses with at least $100 million annual gross income. (c.) Nevada, Ohio, Texas, and Washington do not have a corporate income tax but do have a gross receipts tax with rates not strictly comparable to corporate income tax rates. See Table 18 for more information. Delaware and Virginia have gross receipts taxes in addition to corporate income taxes. (d.) Illinois rate includes two separate corporate income taxes, one at a 7.0% rate and one at a 2.5% rate. (e.) The tax rate in Indiana will decrease to 5.75% on July 1, (f.) Corporations with entire net income greater than $100,000 pay 9% on all taxable income, companies with entire net income greater than $50,000 and less than or equal to $100,000 pay 7.5% on all taxable income, and companies with entire net income less than or equal to $50,000 pay 6.5% on all taxable income. Note: In addition to regular income taxes, many states impose other taxes on corporations such as gross receipts taxes and franchise taxes. Some states also impose an alternative minimum tax and special rates on financial institutions Source: Tax Foundation; state tax statutes, forms, and instructions; Bloomberg BNA
State Individual Income Tax Rates and Brackets for 2018
FISCAL FACT No. 576 March 2018 State Individual Income Tax Rates and Brackets for 2018 Morgan Scarboro Policy Analyst Key Findings: Individual income taxes are a major source of state government revenue,
State Individual Income Tax Rates and Brackets for 2019
FISCAL FACT No. 643 Mar. 2019 State Individual Income Tax Rates and Brackets for 2019 Katherine Loughead Policy Analyst Emma Wei Research Assistant Key Findings Individual income taxes are a major source
Final Paycheck Laws by State
ALABAMA AL No Provision No Provision ALASKA AK 23.05.140(b) ARIZONA AZ Ariz. Rev. Stat. 23-350, 23-353 ARKANSAS AR Ark. Code Ann. 11-4-405 CALIFORNIA CA Cal. Lab. Code 201 to 202, 227.3 COLORADO CO Colo.
Age of Insured Discount
A discount may apply based on the age of the insured. The age of each insured shall be calculated as the policyholder s age as of the last day of the calendar year. The age of the named insured in the
Tax Freedom Day 2018 is April 19th
Apr. 2018 Tax Freedom Day 2018 is April 19th Erica York Analyst Key Findings Tax Freedom Day is a significant date for taxpayers and lawmakers because it represents how long Americans as a whole have to
ACORD Forms Updated in AMS R1
ACORD Forms Updated in AMS360 2017 R1 The following forms will use the ACORD form viewer, also new in this release. Forms with an indicate they were added because of requests in the Product Enhancement
STATE TAX WITHHOLDING GUIDELINES
STATE TAX WITHHOLDING GUIDELINES ( Guardian Insurance & Annuity Company, Inc. and Guardian Life Insurance Company of America (hereafter collectively referred to as Company )) (Last Updated 11/2/215) state
Tax Freedom Day 2019 is April 16th
Apr. 2019 Tax Freedom Day 2019 is April 16th Erica York Economist Madison Mauro Research Assistant Emma Wei Research Assistant Key Findings This year, Tax Freedom Day falls on April 16, or 105 days into
36 Million Without Health Insurance in 2014; Decreases in Uninsurance Between 2013 and 2014 Varied by State
36 Million Without Health Insurance in 2014; Decreases in Uninsurance Between 2013 and 2014 Varied by State An estimated 36 million people in the United States had no health insurance in 2014, approximately
medicaid a n d t h e How will the Medicaid Expansion for Adults Impact Eligibility and Coverage? Key Findings in Brief
on medicaid a n d t h e uninsured July 2012 How will the Medicaid Expansion for Adults Impact Eligibility and Coverage? Key Findings in Brief Effective January 2014, the ACA establishes a new minimum Medicaid
Installment Loans CHARTS. No cap other than unconscionability:
NCLC NATIONAL CONSUMER LAW CENTER Installment Loans WILL STATES PROTECT BORROWERS FROM A NEW WAVE OF PREDATORY LENDING? Copyright 2015, National Consumer Law Center, Inc. CHARTS CHART 1 Full APRs Allowed
NCSL Midwest States Fiscal Leaders Forum. March 10, 2017
NCSL Midwest States Fiscal Leaders Forum March 10, 2017 Public Pensions: 50-State Overview David Draine, Senior Officer Public Sector Retirement Systems Project The Pew Charitable Trusts More than 40 active,
Health Insurance Price Index for October-December February 2014
Health Insurance Price Index for October-December 2013 February 2014 ehealth 2.2014 Table of Contents Introduction... 3 Executive Summary and Highlights... 4 Nationwide Health Insurance Costs National
ACORD Forms in ebixasp (03/2004)
ACORD Forms in ebixasp (03/2004) Form number Form Name Edition Date 1 Property Loss Notice 2002/1 2 Automobile Loss Notice 2002/1 3 General Liability Notice of Occurrence/Claim 2002/1 4 Workers Compensation
Comparative Revenues and Revenue Forecasts Prepared By: Bureau of Legislative Research Fiscal Services Division State of Arkansas
Comparative Revenues and Revenue Forecasts 2010-2014 Prepared By: Bureau of Legislative Research Fiscal Services Division State of Arkansas Comparative Revenues and Revenue Forecasts This data shows tax
PRODUCER ANNUITY SUITABILITY TRAINING REQUIREMENTS BY STATE As of September 11, 2017
PRODUCER ANNUITY SUITABILITY TRAINING REQUIREMENTS BY STATE As of September 11, 2017 This document provides a summary of the annuity training requirements that agents are required to complete for each
Data Note: What if Per Enrollee Medicaid Spending Growth Had Been Limited to CPI-M from ?
Data Note: What if Per Enrollee Medicaid Spending Growth Had Been Limited to CPI-M from 2001-2011? Rachel Garfield, Robin Rudowitz, and Katherine Young Congress is currently debating the American Health
American Memorial Contract
American Memorial Contract Please complete all pages of the contract and send it back to Stephens- Matthews with a copy of each state license you choose to appoint in. You are required to submit with the
Household Income for States: 2010 and 2011
Household Income for States: 2010 and 2011 American Community Survey Briefs By Amanda Noss Issued September 2012 ACSBR/11-02 INTRODUCTION Estimates from the 2010 American Community Survey (ACS) and the
2010 Facts Figures How Does Your State Compare?
& 2010 Facts Figures How Does Your State Compare? Table of Contents Number Title Date Taxes and Tax Measures 1 State and Local Tax Burden Per Capita 2008 2 State and Local Tax Burden as a Percentage of
State, Local and Net Tuition Revenue Supporting General Operating Expenses of Higher Education, U.S., Fiscal Year 2010, Current (unadjusted) Dollars
State, Local and Net Tuition Revenue Supporting General Operating Expenses of Higher Education, U.S., Fiscal Year 2010, Current (unadjusted) Dollars Net Tuition $51.3 Billion 37% All State Support $73.7
State Tax Chart Results
State Tax Chart Results Tax Type: Sales/Use Legend: N/A - Not Applicable Software as a Service (SaaS) This chart shows whether or not the state imposes a tax on the sales of Software as a Service (SaaS).
STATE MOTOR FUEL TAX INCREASES:
STATE MOTOR FUEL TAX INCREASES: 2013-2018 Since 2013, 27 states have increased or adjusted taxes on motor fuel to support needed transportation investments. Twenty-four of those states increased their
Non-Financial Change Form
Non-Financial Change Form Please Print All Information Below Section 1. Contract Owner s Information Administrative Offices: PO BOX 19097 Greenville, SC 29602-9097 Phone number (800) 449-0523 Overnight
BY THE NUMBERS 2016: Another Lackluster Year for State Tax Revenue
BY THE NUMBERS 2016: Another Lackluster Year for State Tax Revenue Jim Malatras May 2017 Lucy Dadayan and Donald J. Boyd 2016: Another Lackluster Year for State Tax Revenue Lucy Dadayan and Donald J. Boyd
State Postal Abbreviation Codes
State Postal Areviation Codes State Areviation State Areviation Alaama AL Montana MT Alaska AK Neraska NE Arizona AZ Nevada NV Arkansas AR New Hampshire NH California CA New Jersey NJ Colorado CO New Mexico
STATE MOTOR FUEL TAX INCREASES:
Since 2013, 26 states have increased or adjusted taxes on motor fuel to support needed transportation investments. Twenty-three of those states increased their state gas tax, while three states Kentucky,
Required Minimum Distribution Election Form for IRA s, 403(b)/TSA and other Qualified Plans
Required Minimum Distribution Election Form for IRA s, 403(b)/TSA and other Qualified Plans For Policyholders who have not annuitized their deferred annuity contracts Zurich American Life Insurance Company
Highlights. Percent of States with a Decrease in MH Expenditures from Prior Year: FY2001 to 2010
FY 2010 State Mental Health Revenues and Expenditures Information from the National Association of State Mental Health Program Directors Research Institute, Inc (NRI) Sept 2012 Highlights SMHA Funding
Taxing Investment Income in the States New Hampshire Fiscal Policy Institute 2 nd Annual Budget and Policy Conference Concord, NH January 23, 2015
Taxing Investment Income in the States New Hampshire Fiscal Policy Institute 2 nd Annual Budget and Policy Conference Concord, NH January 23, 2015 Norton Francis State and Local Finance Initiative Urban-Brookings
Property Tax Relief in New England
Property Tax Relief in New England January 23, 2015 Adam H. Langley Senior Research Analyst Lincoln Institute of Land Policy www.lincolninst.edu Property Tax as a % of Personal Income OK AL IN UT SD MS
NASRA Issue Brief: Employee Contributions to Public Pension Plans
NASRA Issue Brief: Employee Contributions to Public Pension Plans September 2017 Unlike in the private sector, nearly all employees of state and local government are required to share in the cost of their
States and Medicaid Provider Taxes or Fees
March 2016 Fact Sheet States and Medicaid Provider Taxes or Fees Medicaid is jointly financed by states and the federal government. Provider taxes are an integral source of Medicaid financing governed
2017 WORKBOOK. Mandatory LTC Training
2017 WORKBOOK Mandatory LTC Training ABOUT THE AUTHOR EDUCATION CREDIT AND YOUR CERTIFICATE OF COMPLETION LTC Connection specializes exclusively in LTC insurance training and education and has been working
Older consumers and student loan debt by state
August 2017 Older consumers and student loan debt by state New data on the burden of student loan debt on older consumers In January, the Bureau published a snapshot of older consumers and student loan
o o o o o Table 1: Examples of Congressional Preemption of State Tax Authority 4 U.S.C. 111 Preempting discriminatory state taxation of federal employees 4 U.S.C. 113 Preempting state taxation of nonresident
Insufficient and Negative Equity
Insufficient and Negative Equity Lack Of Equity Impedes The Real Estate Market Mark Fleming Chief Economist December, 2011 70% 60% 50% 40% 30% Negative Equity Highly Concentrated Negative Equity Share,
kaiser medicaid and the uninsured commission on The Cost and Coverage Implications of the ACA Medicaid Expansion: National and State-by-State Analysis
kaiser commission on medicaid and the uninsured The Cost and Coverage Implications of the ACA Expansion: National and State-by-State Analysis Executive Summary John Holahan, Matthew Buettgens, Caitlin
State Laws on Nonsupport Withholding Garnishments. Working State Law Begin withholding within 30 days of notice. Withhold sums monthly
Laws on Nonsupport Garnishments AL 75% of disposable earnings For consumer credit transactions, the greater of 75% of disposable wagers or 30 times the federal hourly minimum wage. For consumer credit
VARIABLE CONTRACT MODEL LAW
Model Regulation Service April 1999 Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 1. Domestic Companies Contract Statement Required License Required Power
The Economics of Homelessness
15 The Economics of Homelessness Despite frequent characterization as a psychosocial problem, the problem of homelessness is largely economic. People who become homeless have insufficient financial resources
Financing Unemployment Benefits in Today s Tough Economic Times
Financing Unemployment Benefits in Today s Tough Economic Times Maurice Emsellem 7 th Annual Workers Voice State Legislative Issues Conference July 19, 2003. Today s Funding Situation The Good, the Bad
Systematic Distribution Form
Systematic Distribution Form (To be used for all Qualified Plans, IRA s and Non-Qualified Plans) (This form is not applicable to a Required Minimum Distribution ( RMD ). If you are older than 70 ½, refer
LIFE AND ACCIDENT AND HEALTH
201 FOR THE YEAR ENDED DECEMBER 1, 201 LIFE AND ACCIDENT AND HEALTH 201 Schedule A - Part 1 - Real Estate Owned Schedule A - Part 2 - Real Estate Acquired and Additions Made Schedule A - Part - Real Estate
Model Regulation Service April 2000 UNIFORM DEPOSIT LAW
Model Regulation Service April 2000 Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 10. Section 1. Definitions Deposit Requirement
Update: 50-State Survey of Retiree Health Care Liabilities Most recent data show changes to benefits, funding policies could help manage rising costs
A fact sheet from Dec 2018 Update: 50-State Survey of Retiree Health Care Liabilities Most recent data show changes to benefits, funding policies could help manage rising costs Getty Images Overview States
IMPORTANT TAX INFORMATION
IMPORTANT TAX INFORMATION To set up and maintain your account with WestconGroup, we require you to provide us valid Resale Certificates for all states that you are located in, as well as for any other
2016 Workers compensation premium index rates
2016 Workers compensation premium index rates NH WA OR NV CA AK ID AZ UT MT WY CO NM MI VT ND MN SD WI NY NE IA PA IL IN OH WV VA KS MO KY NC TN OK AR SC MS AL GA TX LA FL ME MA RI CT NJ DE MD DC = Under
Long-Term Care Partnership Overview & Training Requirements Guide
Long-Term Care Partnership Overview & Training Requirements Guide Version Sept. 12, 2012 M28108 Contents LONG-TERM CARE PARTNERSHIP OVERVIEW & TRAINING REQUIREMENTS GUIDE Long-Term Care Partnership Overview...4
GUIDELINES ON CORPORATE OWNED LIFE INSURANCE
Model Regulation Service April 2005 Corporate Owned Life Insurance (COLI) is life insurance a corporate employer buys covering one or more employees. With COLI, the employer is generally the applicant,
Long-Term Care Partnership Overview & Training Requirements Guide
Long-Term Care Insurance Mutual of Omaha Insurance Company SM Long-Term Care Partnership Overview & Training Requirements Guide 75014 Version November 16, 2015 For producer use only. Not for use with the
TThe Supplemental Nutrition Assistance
STATE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM PARTICIPATION RATES IN 2010 TThe Supplemental Nutrition Assistance Program (SNAP) is a central component of American policy to alleviate hunger and poverty.
Latinas Access to Health Insurance
FACT SHEET Latinas Access to Health Insurance APRIL 2018 Data released by the U.S. Census Bureau show that, despite significant health insurance gains since the Affordable Care Act (ACA) was implemented,
Aviva Announcing Changes to Products and Annuity Rates
September 9, 2011 Aviva Announcing Changes to Products and Annuity Rates This field update contains information on product and rate changes effective September 16, 2011. We want to thank you for all of
Health and Health Coverage in the South: A Data Update
February 2016 Issue Brief Health and Health Coverage in the South: A Data Update Samantha Artiga and Anthony Damico With its recent adoption of the Affordable Care Act (ACA) Medicaid expansion to adults,
The Puzzling Decline in State Sales Tax Collections
The Puzzling Decline in State Sales Tax Collections Introduction This is the first of a series of papers that will investigate fiscal problems confronting the states. In spite of low unemployment rates,
RECOGNITION OF THE 2001 CSO MORTALITY TABLE FOR USE IN DETERMINING MINIMUM RESERVE LIABILITIES AND NONFORFEITURE BENEFITS MODEL REGULATION
Model Regulation Service January 2003 Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 1. Authority Purpose Definitions 2001
FACTS & FIGURES HOW DOES YOUR STATE COMPARE?
FACTS & FIGURES HOW DOES YOUR STATE COMPARE? 2016 In 1941, we introduced our first edition of Facts & Figures. There is need for concise and accurate data, we wrote. Facts give a broader perspective; facts
FACTS & FIGURES HOW DOES YOUR STATE COMPARE?
FACTS & FIGURES HOW DOES YOUR STATE COMPARE? 2019 In 1941, we introduced our first edition of Facts & Figures. There is need for concise and accurate data, we wrote. Facts give a broader perspective; facts
State Treatment of Social Security Treatment of Pension Income Other Income Tax Breaks Property Tax Breaks
State-By-State Tax Breaks for Seniors, 2016 State Treatment of Social Security Treatment of Pension Income Other Income Tax Breaks Property Tax Breaks AL Payments from defined benefit private plans are
SURVEY OF STATE FUNDING FOR PUBLIC TRANSPORTATION
SURVEY OF STATE FUNDING FOR PUBLIC TRANSPORTATION SURVEY OF STATE FUNDING FOR PUBLIC TRANSPORTATION Characteristics of State Funding for Public Transportation The following report provides a summary of
COMPARISON OF ABA MODEL RULE FOR REGISTRATION OF IN-HOUSE COUNSEL WITH STATE VERSIONS
As of September 7, 2016 2016 American Bar Association COMPARISON OF ABA MODEL RULE FOR REGISTRATION OF IN-HOUSE COUNSEL WITH STATE VERSIONS AMERICAN BAR ASSOCIATION CENTER FOR PROFESSIONAL RESPONSIBILITY
May Complaint snapshot: Debt collection
May 2018 Complaint snapshot: Debt collection Table of contents Table of contents... 1 1. Complaint volume... 2 1.1 By product... 3 1.2 By state... 8 2. Product spotlight: Debt collection... 11 2.1 Complaints
Committee on Ways and Means Democrats
DRAFT Committee on Ways and Means Democrats Representative Sandy Levin - Ranking Member Report November 7, 2013 Millions of Unemployed Americans Will Lose Benefits Unless Congress Acts Over 3 Million Will
Financial Transaction Form for IRA and Non-Qualified Contracts Only
Financial Transaction Form for IRA and Non-Qualified Contracts Only (Note: See Form ZA-8642 dealing with Financial Transactions for 403(b)/TSA s) Please Print All Information Below Zurich American Life
TCJA and the States Responding to SALT Limits
TCJA and the States Responding to SALT Limits Kim S. Rueben Tuesday, January 29, 2019 1 What does this mean for Individuals under TCJA About two-thirds of taxpayers will receive a tax cut with the largest
Who s Above the Social Security Payroll Tax Cap? BY NICOLE WOO, JANELLE JONES, AND JOHN SCHMITT*
Issue Brief September 2011 Center for Economic and Policy Research 1611 Connecticut Ave, NW Suite 400 Washington, DC 20009 tel: 202-293-5380 fax: 202-588-1356 www.cepr.net Who s Above the Social Security
Eye on the South Carolina Housing Market presented at 2008 HBA of South Carolina State Convention August 1, 2008
Eye on the South Carolina Housing Market presented at 28 HBA of South Carolina State Convention August 1, 28 Robert Denk Assistant Staff Vice President, Forecasting & Analysis 2, US Single Family Housing
The Acquisition of Regions Insurance Group. April 6, 2018
The Acquisition of Regions Insurance Group April 6, 2018 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform
MINIMUM WAGE INCREASE GUIDE
2017-2018 MINIMUM WAGE INCREASE GUIDE The Federal minimum wage has been $7.25 since 2009, but many states and localities have passed their own minimum wage laws. Employers must pay non-exempt employees
DC Contributions to the DC College Savings Plan of up to $4,000 per year by an individual, and up to $8,000 per year by married taxpayers who each mak
AK AL AR Summary of State Tax Implications for 529 Plans Current as of 04/25/2018 This information has been compiled for informational purposes only from sources believed to be reliable, however LPL makes
Charts with Analysis: Tax Tax Type: Sales and Use Tax Topic: Cash for Clunkers Payments
Effective July 1, 2009, until November 1, 2009, the federal government has enacted the Consumer Assistance to Recycle and Save (CARS) Program, Title XIII of PL 111-32 (2009), 123 Stat. 1859. The program,
MINIMUM WAGE INCREASE GUIDE
2017-2018 MINIMUM WAGE INCREASE GUIDE The Federal minimum wage has been $7.25 since 2009, but many states and localities have passed their own minimum wage laws. Employers must pay non-exempt employees
Oregon: Where Taxes Are Low, Fees Are High and Revenue Is Slightly Below Average
Issue Brief March 6, 2012 Oregon: Where Taxes Are Low, Fees Are High and Revenue Is Slightly Below Average The money we pay in fees and taxes helps create jobs, build a strong economy, and preserve Oregon
The State Tax Implications of Federal Tax Reform Legislation
The State Tax Implications of Federal Tax Reform Legislation Executive Committee Task Force on State and Local Taxation Phoenix, Arizona January 14, 2017 Joe Crosby, Multistate Associates Karl Frieden,
New Agent Welcome Kit
New Agent Welcome Kit 4301 Morris Park Drive Mint Hill, NC 28227 (704) 568-9649 (866) 568-9649 messerfinancial.com The Trusted Partner For Talented Agents This is the foundation that MESSER Financial was
Percent Corporate Dividend Received Deduction. Per Share Long-Term Capital Gain Distribution
First Trust Advisors L.P 120 East Liberty Drive, Suite 400 Wheaton, IL 60187 1-800-621-1675 Fund Name (Ticker Symbol) Ordinary Qualified Corporate Dividend Received Deduction Long-Term Capital Gain Distribution
MEMORANDUM. Precedents for Indexing Labor Standards to Average Wages June 4, Updated
Delivering Economic Opportunity National Employment Law Project MEMORANDUM To: From: Subject: Date: Interested Parties Precedents for Indexing Labor Standards to Average Wages June 4, 2009 - Updated The
State Retiree Health Care Liabilities: An Update Increased obligations in 2015 mirrored rise in overall health care costs
A brief from Sept 207 State Retiree Health Care Liabilities: An Update Increased obligations in 205 mirrored rise in overall health care costs Overview States paid a total of $20.8 billion in 205 for nonpension
Tax Breaks for Elderly Taxpayers in the States in 2016
AL Payments from defined benefit private plans are exempt; most public systems are exempt; military and US Civil service are exempt Special Homestead ion for 65+ +25.2% +2.4% AK No PIT Homestead ion for
Health Coverage for the Black Population Today and Under the Affordable Care Act
fact sheet Health Coverage for the Black Population Today and Under the Affordable Care Act July 2013 As of 2011, 37 million individuals living in the United States identified as Black or African American.
The Great Recession of 2008
State Revenue Collection through the Great Recession Michael F. Thompson, Ph.D.: Assistant Professor of Sociology, University of North Texas The Great Recession of 2008 caused a major blow to the economic
FISCAL YEAR 2016 AT A GLANCE Number of Authorized Firms
FISCAL YEAR 2016 AT A GLANCE Number of Authorized Firms 300,000 275,000 250,000 225,000 200,000 175,000 150,000 125,000 100,000 246,565 252,962 261,150 258,632 260,115 FY 2012 FY 2013 FY 2014 FY 2015 FY
Bad Debts: How Contractual Terms and Sales Tax Intersect IPT Annual Conference Charlotte, North Carolina
Bad Debts: How Contractual Terms and Sales Tax Intersect Thomas Zessman Senior Tax Manager U.S. Bank Minneapolis, Minnesota thomas.zessman@usbank.com Kyle Brehm State and Local Tax Director PricewaterhouseCoopers
State Trust Fund Solvency
Unemployment Insurance State Trust Fund Solvency National Employment Law Project Conference - Washington DC December 7, 2009 Robert Pavosevich pavosevich.robert@dol.gov Unemployment Insurance Program
Current Trends in the Medicaid RFP Procurement Landscape
Current Trends in the Medicaid RFP Procurement Landscape This is a Presentation Subtitle PRESENTED BY: Michael Lutz Avalere Health October 31, 2017 About Us Michael Lutz Vice President mlutz@avalere.com
Protection Against Abusive Interest Rates for Small Dollar Loan Products 50-State Detail (Scorecard based on data as of 1/15/08)
Protection Against Abusive Interest Rates for Small Dollar Loan Products 50-State Detail (Scorecard based on data as of 1/15/08) Alaska State Performance Category APR Comment $250, 2-week payday 443 $500,
JURY DUTY LAWS BY STATE
JURY DUTY LAWS BY STATE The following information is stated in summary and is not the full law as written for each state. Additional laws may apply. A more stringent state administrative regulation or
Monthly Complaint Report
August 2016 Monthly Complaint Report Vol. 14 Table of contents Table of contents... 1 1. Complaint volume... 2 1.1 Complaint volume by product... 3 1.2 Complaint volume by state... 7 1.3 Complaint volume
Charles Gullickson (Penn Treaty/ANIC Task Force Chair), Richard Klipstein (NOLHGA)
MEMO DATE: TO: Charles Gullickson (Penn Treaty/ANIC Task Force Chair), Richard Klipstein (NOLHGA) FROM: Vincent L. Bodnar, ASA, MAAA RE: Penn Treaty Network American Insurance Company and American Network
Marilyn Tavenner, CMS Administrator Don Moulds, Acting Assistant Secretary for Planning and Evaluation
TO: The Secretary Through: DS COS ES FROM: Marilyn Tavenner, CMS Administrator Don Moulds, Acting Assistant Secretary for Planning and Evaluation DATE: September 5, 2013 SUBJECT: Projected Monthly Targets
The Lincoln National Life Insurance Company Term Portfolio
The Lincoln National Life Insurance Company Term Portfolio State Availability as of 7/16/2018 PRODUCTS AL AK AZ AR CA CO CT DE DC FL GA GU HI ID IL IN IA KS KY LA ME MP MD MA MI MN MS MO MT NE NV NH NJ
ehealth, Inc Fall Cost Report for Individual and Family Policyholders
ehealth, Inc. 2010 Fall Cost Report for and Family Policyholders Table of Contents Page Methodology.................................................................. 2 ehealth, Inc. 2010 Fall Cost Report
University of Wisconsin System SFS Business Process AP /1042s/Tax Bolt-On
Contents 1099/1042-S Tax Bolt-On Process Overview... 1 Process Detail... 2 I. Search/Update for Existing Value 1099 / 1042 Records on the Bolt-On table... 2 II. Enter a New 1099/1042s records into the
How is the Affordable Care Act Leading to Changes in Medicaid Today? State Adoption of Five New Options
P O L I C Y B R I E F kaiser commission on medicaid and the uninsured How is the Affordable Care Act Leading to Changes in Medicaid Today? State Adoption of Five New Options May 2012 One primary goal of
FOCUS. Health Reform. Health Insurance Market Reforms: Rate Review DECEMBER Overview. What is rate review?
DECEMBER 2012 Health Insurance Market Reforms: Rate Review Overview What is rate review? Rate review is the process by which insurance regulators review health plans new or renewed rates for insurance
National Vital Statistics Reports
National Vital Statistics Reports Volume 60, Number 9 September 14, 2012 U.S. Decennial Life Tables for 1999 2001: State Life Tables by Rong Wei, Ph.D., Office of Research and Methodology; Robert N. Anderson,
Financial Firsts: When Do People Take Their First Financial Steps? Appendix: Annotated Questionnaire 1
Financial Firsts: When Do People Take Their First Financial Steps? Appendix: Annotated Questionnaire 1 Conducted for AARP by at the University of Chicago through the Amerispeak Panel Interviews: 946 adults
Tax Management. Procedure
Tax Management Weekly State Tax Report Reproduced with permission from Tax Management Weekly State Tax Report, Charitable Solicitation Laws, 07/25/2014. Copyright 2014 by The Bureau of National Affairs,
2017 TAX INFORMATION LETTER Nuveen Municipal Closed-End Funds
003SSN0DDD 2017 TAX INFORMATION LETTER Nuveen Municipal Closed-End Funds Nuveen Municipal Value Fund, Inc. (NUV) Nuveen Municipal Income Fund, Inc. (NMI) Nuveen Municipal High Income Opportunity Fund (NMZ)