columbia

Does Your State Have a Throwback or Throwout Rule?

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Does Your State Have a Throwback or Throwout Rule?

The text discusses state throwback and throwout rules, which are tax policies that can increase corporations’ tax liability and influence business decision-making. Throwback rules involve sales of tangible property being “thrown back” into the state where the sale originated, increasing the numerator of the apportionment formula and the tax liability for corporations. Meanwhile, throwout rules exclude certain sales from the denominator of the apportionment formula, also increasing tax liability. These rules can erode the competitiveness of states and incentivize businesses to relocate to avoid higher tax burdens.

Pro-Palestinian protesters occupy building at Columbia University

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Pro-Palestinian protesters occupy building at Columbia University

Pro-Palestinian activists occupied a building at Columbia University, escalating a battle with administrators who have begun suspending students for refusing to dismantle tents set up on the New York campus. The activists entered Hamilton Hall, hung a banner reading “Hind’s Hall,” and blocked the doors with outdoor tables. The protesters stated the building was liberated in honor of Hind, a six-year-old Palestinian child, who was killed in Gaza by Israeli forces funded by Columbia University. Police arrived outside the school gates but did not enter the campus unless someone was injured. The university limited access to the campus to students residing in residential buildings and essential employees. The crackdown at Columbia occurred after negotiations failed to end the protest camp set up in opposition to Israel’s actions in Gaza. Similar protests and arrests also took place at other universities across the U.S.