Tax & Accounting Blog

Louisiana Governor to Propose Income Tax Elimination and Sales Tax Increase

Louisiana Governor to Propose Income Tax Elimination and Sales Tax Increase

Louisiana Governor Bobby Jindal is preparing a proposal for the state Legislature which would overhaul the state’s tax system. The Governor and his constituents have stated that the plan includes eliminating the state income tax, increasing the state sales tax at least 1.78%, possibly increasing the tobacco tax, widening the list of services taxed, and … Read More

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Thomson Reuters Strengthens Position in Australia with Acquisition of Munitec

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, has acquired Munitec. One of the leading providers of property tax, valuation and permitting technology for governments in Australia, Munitec will expand the Tax & Accounting Government Sector offering in this rapidly advancing market. Founded in 1994, Munitec has ten employees and … Read More

Adopting Holistic Measures of Tax Performance

Adopting Holistic Measures of Tax Performance

Implementation of the real property tax in emerging economies can be difficult if it is viewed simply as an assessment performance exercise. Careful consideration of billing and collection performance, as well as overall administrative efficiencies, will most often lead to improved procedures, structures and enhanced tax collection. Administrative Costs vs. Revenues Governments are charged with … Read More