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TAXES ON DIVIDENDS 2016

Mass. movie tax credit can pay dividends — for Hollywood

The Senate, in the meantime, simply voted to ascertain a unique fee to review adjustments that would possibly direct extra of the movie tax credit money to Massachusetts employees. but a spokesman for Senate President Stan Rosenberg said there's no time line for taking …
learn more on Boston Globe (subscription)

Taxes and REIT investment

For REITs, dividend distributions for tax functions are allocated to extraordinary earnings, capital beneficial properties and return of capital, every of which may be taxed at a different rate. All public corporations, including REITs, are required early in the year to offer …
read more on reit.com

States: Laboratories For Tax Reform

In what's changing into one thing of a practice in Tennessee, lawmakers once again proposed the repeal of the “hall tax,” a 6 p.c profits tax on hobby, dividends, and capital positive factors profits. Gov. invoice Haslam (R) indicated the state couldn't afford to …
learn extra Thompson bill extends solar energy tax credit

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