Sentences with phrase «shows federal corporate tax»

As the table below shows federal corporate tax revenues rose to $ 35 billion in 2013/14, but this was still 17 percent below the $ 42.2 billion they were in 2007/8 when our economy and corporate profits were respectively 17 and 15 percent lower (in current dollars).

Not exact matches

What's more, government forecasts show corporate income tax revenues climbing by roughly a third between now and 2015 - 16 — at which point they will account for 12.2 per cent of total federal budgetary revenues.

For example, the federal government's most recent Fiscal Monitor shows that in the first eight months of 2011 - 12, corporate income taxes generated 10.6 per cent of total federal government revenues.

According to Wall Street Journal reporter Richard Rubin, «Each percentage - point reduction in the 35 % corporate tax rate cuts federal revenue by about $ 100 billion over a decade, and independent analyses show economic growth can't cover all the costs of rate cuts.»

Responsibilities shown on example resumes of Senior Tax Accountants include preparing corporate, partnership, fiduciary, and complex individual returns; preparing formal responses of state and federal tax notices, and reviewing individual tax returns and payroll tax returTax Accountants include preparing corporate, partnership, fiduciary, and complex individual returns; preparing formal responses of state and federal tax notices, and reviewing individual tax returns and payroll tax returtax notices, and reviewing individual tax returns and payroll tax returtax returns and payroll tax returtax returns.

A reduction in the corporate rate by 20 percent corresponds to a $ 2 trillion reduction in federal revenue over the next 10 years, she notes, citing the Joint Committee on Taxation data that shows each percentage point cut in the corporate tax rate brings federal revenue down by about $ 100 billion over a decade.