corporate income taxes
Coverage of corporate income taxes in the Nexus archive.
- China’s tax crackdown shakes A-share and Hong Kong-listed firms with major payouts
China’s anti-tax evasion campaign is affecting A-share and Hong Kong-listed firms, with 80+ companies ordered to pay back corporate income taxes and late fees. The number of affected firms in the first half of the year may soon exceed 2025’s total of 89, raising concerns about the campaign’s expansion due to local debt issues and its impact on corporate earnings.
- States face more budget pressures amid rising costs, slow growth
A survey by the National Association of State Budget Officers found that states face ongoing budget pressures due to rising costs and slow economic growth. Most governors proposed flat spending for fiscal year 2027, with nearly half implementing spending cuts like eliminating vacant positions, hiring freezes, and reduced employee benefits. States also plan to adjust rainy day funds amid mixed tax revenue results.
- States face more budget pressures amid rising costs, slow growth
A survey by the National Association of State Budget Officers reveals states face budget pressures due to rising costs and slow growth, with many implementing spending cuts like eliminating vacant positions and freezing hiring. Most governors proposed flat spending for fiscal year 2027, while 25 states plan to increase rainy day funds amid mixed tax revenue results.