This paper extends the tax analysis of knowledge-based capital (KBC) in several dimensions. The paper analyses non-R&D KBC: computer software, architectural and engineering designs, and economic competencies which account for over 70% of total KBC. The paper analyses the tax treatment of...

President Obama's fiscal 2010 budget proposal, which increases net business income taxes by $239 billion over 10 years, would increase corporate income taxes by 5.5 percent. Because of three large international tax changes representing 58 percent of the total business tax increase, multinational...

We provide an analysis of the industry effects of President Obama's fiscal year 2011 budget business tax proposals. The budget proposes $443 billion of tax increases on businesses over 2010-20, with a number of proposals aimed at increasing taxes on specific industries. The budget also includes...

This study provides state-by-state estimates of the economic incidence of a 10 percent increase in business taxes in each state, holding taxes in all other states constant. Combining detailed state-by- state information on total state and local taxes that are the legal liability of business with...

This article provides an understanding of tax risk and its fundamental drivers, identifies potential gaps between tax departments and other stakeholders that may accentuate such risks, and offers suggestions on methods for quantifying and managing tax risk

Tom Neubig is Ernst & Young's national director of quantitative economics and statistics (QUEST) in Washington, and former director and chief economist of the U.S. Treasury's Office of Tax Analysis. Estelle Dauchy is a senior economist with E&Y's QUEST practice. The views expressed are solely of...