This month’s featured article from TEF.

 

The Tax Burden on Iowa’s Businesses 

By Amy K. Frantz 

Are Iowa businesses paying their “fair share” of the tax burden in the state?  What constitutes a “fair share” for a business will differ depending on one’s views.  But first, it would be helpful to know just what share of the tax burden Iowa businesses are paying now.  Ernst & Young LLP, in conjunction with the Council On State Taxation (COST) and the State Tax Research Institute (STRI), produces an annual report with detailed state-by-state estimates of the state and local taxes paid by businesses.  The most recent report available provides estimates for fiscal year (FY) 2015.

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