News / Article

State Tax Changes Effective January 1, 2021

Source: taxfoundation.org - Jan 19, 2021

Key Findings

Twenty-six states and the District of Columbia had notable tax changes take effect.
Arkansas and Iowa reduced their corporate income tax rates and made other substantive changes to their corporate income tax base.
Arizona and New Mexico increased their top marginal individual income tax rates by adding another bracket.

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Category: General Business