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COVID-19 Information and Guidance

States consider gross receipts taxes to improve revenue

Joyce Beebe, fellow in public finance, explains gross receipts taxes in an interview with Accounting Today. “While some states see a gross receipts tax as a revenue enhancer or a simpler alternative to the corporate income tax, most economists see it in a negative light," Beebe says. Read the full article: http://bit.ly/2EZQJFJ.