Download PDF Nearly every issue of State Tax Notes brings news of another change in state corporate income taxation. This year, for example, Michigan replaced its business tax with a corporate income tax (the state's second major business tax overhaul in four years), and corporate income tax rates have been lowered in Indiana, North Dakota, and elsewhere. Meanwhile, an increasing number of states are moving to singlesales- factor apportionment, as New Jersey did in May of this year.4 In February Arizona adopted both a rate cut and single-sales-factor apportionment.5 Despite all this activity, the state corporate income tax receives much less attention than its federal counterpart. To shed greater light on this important topic, the American Enterprise Institute held a conference on May 11, titled ''Corporate Income Tax Reform: The View from the States.'' The conference brought together a panel, consisting of Joseph Crosby, then of the Council On State Taxation,  Joseph Henchman of the Tax Foundation, and Michael Mazerov of the Center on Budget and Policy Priorities to discuss recent issues and trends in state corporate income taxation.
View the event summary and video from "Corporate Income Tax Reform: The View from the States."
Chad H. Hill is the economic policy studies program manager and a Jacobs Associate at AEI