We study corporate income tax competition when firms operating in multiple jurisdictions can shift income using financial planning strategies. Several such strategies, particularly intra-corporate lending, appear to be actively pursued by companies to reduce subnational corporate taxes in...

State and local taxation comprises those taxes that are collected at the sub-federal government levels in order to finance state and local public services, assigning discretion in the determination of rates and bases of these taxes to sub-federal governments. Consider a nation with different...

The U.S. Supreme Court has addressed the state or local tax implications of civil RICO in Anza v. Ideal Steel Supply Co., 547 U.S. 451 (2006), Bridge v. Phoenix Bond & Indemnity Co., 553 U.S. 639 (2008), and Hemi Group, LLC v. City of New York, 130 S. Ct. 983 (2010). In Anza and Hemi, the civil...

I compute the lifetime tax incidence of the major state and local taxes used in the United States during the 1980s. Using data from the Consumer Expenditure Survey, I show that over the life cycle, general sales taxes are progressive and equally as progressive as state and local income taxes....