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December, No. 245b

On September 17, 2007, the Federal Reserve Bank of Chicago, Ernst & Young and the Office of Tax Policy Research at the University of Michigan's Ross School of Business brought together over 120 business people, academics and public policymakers to examine the changing dynamics of state business taxation.

Last Updated: 11/28/2007

Future State Business Tax Reforms: A Conference Summary

Rick Mattoon

Recent changes to state business tax structures in Ohio, Texas and Michigan have reinvigorated interest in how states should (and should not) tax business. The program held at the Chicago Fed examined the complete range of business taxes, including income, sales and property taxes, as well as value-added and gross receipts taxation.

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