Michael J. Bologna

Tennessee has paid out more than $1.43 billion to thousands of businesses under the state’s one-time franchise tax refund program, a senior Department of Revenue official said Wednesday.

One of New York’s most iconic department store dynasties is feuding in court over an alleged scheme to hide inherited wealth from taxes—a family dispute revealed due to a whistleblower law operating in only a handful of states.

Michigan lawmakers must reconcile competing budget plans after separate bills passed in the Senate and House both shelved Gov. Gretchen Whitmer’s (D) proposed $800 million package of tax increases.

Bipartisan property tax relief legislation streaked through the Iowa legislature and now heads to the desk of Gov. Kim Reynolds (R), who prioritized restructuring the property tax system in her budget proposal earlier this year.

With the clock ticking on Alaska’s legislative session, friction is growing between lawmakers and Gov. Mike Dunleavy (R) over a tax strategy for a proposed liquefied natural gas facility—a massive project that recently caught the attention of the White House.

Louisiana voters are heading to the ballot box to decide the fate of local business inventory taxes, which generate strong revenue for some parishes but have been costly for large manufacturers and retailers.

Louisiana voters overwhelmingly rejected Gov. Jeff Landry’s (R) plan to allow parishes more flexibility to adjust their local business inventory taxes—one of five ballot measures defeated Saturday during the state’s primary election.

Colorado voters will be asked to decide whether the state should break through constitutionally required caps on the use of tax revenue in a bid to provide more funding for education.

Florida lawmakers have approved a stripped-down version of a proposal from Gov. Ron DeSantis to slash property taxes, removing local school districts from the plan.

The US map of pass-through entity tax regimes has changed a lot over the last year, with two states launching programs for the first time and six others extending their statutory sunset dates.