California has a high corporate tax rate and strict rules, but its large market and strong economy can benefit some businesses. Companies incorporated or operating in the Golden Gate state should ...

Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a type of gross receipts tax. This means that businesses are taxed based on ...

Unrelated Business Income Tax (UBIT) is a federal tax imposed on the income generated by tax-exempt organizations, including universities, when they engage in revenue-generating activities that are ...

The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years. By Andrew Duehren Reporting ...