{"id":5542,"date":"2024-03-26T15:00:10","date_gmt":"2024-03-26T13:00:10","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=5542"},"modified":"2024-03-26T15:00:10","modified_gmt":"2024-03-26T13:00:10","slug":"maryland-lawmakers-eye-global-combined-reporting-for-taxes","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=5542","title":{"rendered":"Maryland Lawmakers Eye Global Combined Reporting for Taxes"},"content":{"rendered":"

Maryland could become the first state to adopt worldwide combined reporting for corporate taxes if a House of Delegates proposal survives skeptical Senate leadership in deliberations this week. The House spending package, SB 362, includes a provision mandating the reporting system for multinational companies\u2014an apportionment method that requires calculating taxes based on global income attributable to a specific jurisdiction. Proponents favor a worldwide system to prevent corporations shifting profits to overseas subsidiaries.After the House passed the bill last week in an 89-45 vote, Senate President Bill Ferguson (D) told reporters that …<\/p>\n","protected":false},"excerpt":{"rendered":"

Maryland could become the first state to adopt worldwide combined reporting for corporate taxes if a House of Delegates proposal survives skeptical Senate leadership.<\/p>\n","protected":false},"author":6,"featured_media":5543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[33,3399,2294,3479,1183,1774,3478],"class_list":["post-5542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-companies","tag-corporate-taxes","tag-income","tag-multinational-companies","tag-taxes","tag-vote","tag-worldwide-combined-reporting"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\nMaryland Lawmakers Eye Global Combined Reporting for Taxes<\/title>\n<meta name=\"description\" content=\"tax reform. worldwide combined reporting, corporate taxes, multinational companies\" \/>\n<meta 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