Question: When changes in the IRC have an unfavorable effect on state tax revenue, how is decoupling often achieved? By ballot initiatives voted on in state-wide
When changes in the IRC have an unfavorable effect on state tax revenue, how is "decoupling" often achieved?
By ballot initiatives voted on in state-wide elections.
By enacting legislation keeping state tax law linked to federal law as it existed prior to the change.
By state taxing authorities filing briefs in federal tax court.
This is not applicable, since IRC cannot have an adverse effect on state tax revenue.
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