tax policy center
publications
HOME | TAX TOPICS | NUMBERS | TAX FACTS | LIBRARY | BRIEFING BOOK | EVENTS | LEGISLATION | PRESS | TAXVOX Blog | About Us help get RSS feed

Advanced Search

by Topic:

by Author:

by Type:

by Date Range:
  From last wks

     

library

Tax Issues Facing Small Business

Testimony before the Small Business Committee, United States House of Representatives

Donald Marron

Published: April 09, 2014
Availability:
 PDF |  Printer-Friendly Version

Share:  Share on Facebook Share on Twitter Share on LinkedIn Share on Yahoo Buzz Share on Digg Share on Reddit

In testimony before the House Small Business Committee, Donald Marron examines how tax policy affects small business. Complying with the tax code places a disproportionate burden on small businesses. On the other hand, small businesses are more likely to underpay their taxes, sometimes inadvertently, sometimes not. Tax reform could shift the relative tax burden of small and large businesses and recalibrate the balance between pass-through and C corporation structures. The effect will depend on the details and may vary among businesses of different sizes, industries, and organizational forms. Reform also provides an opportunity to reduce compliance burdens on small businesses.