All Posts
Testimony in support of An Act combatting offshore tax avoidance
MassBudget urges the Joint Committee on Revenue to report H.3110 and S.2033 out favorably. This legislation would allow Massachusetts to collect corporate income tax revenue ...
Read More →
Due to Single Sales Factor Apportionment, Multinational Corporations Cannot Dodge State Taxes by Reducing Workforce or Capital Investments in Massachusetts
Moving operations or employees out of Massachusetts won’t reduce a corporation’s taxes on its profits by a single dollar, because the share of corporate profits ...
Read More →
PolicyTALKS – GILTI / Corporate Fair Share
On May 13th, 2025, MassBudget hosted our first PolicyTALKS event. Researchers, advocates, and policymakers explored how to improve corporate tax fairness and build a stronger ...
Read More →
Estimate of Potential GILTI Revenue
Building off of a recent analysis performed by the Institute on Taxation and Economic Policy (ITEP), MassBudget estimates that adopting a robust and well-enforced provision ...
Read More →
By Taxing GILTI Profits, Massachusetts Can Reclaim Millions in Revenue Lost to Corporate Offshore Tax Dodging
Changing the state approach to Global Intangible Low-Taxed Income would allow the Commonwealth to reclaim a sizable share of the tax revenue lost to international ...
Read More →
