Tax and Policy Implications of Changes to Reporting Requirements for Construction Services
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Author
Curran, Brian F.
Donahue, Linda H.
Abstract
[Excerpt] New York and other states could increase revenue and improve their tax systems by requiring information reporting for all payments by businesses for construction services, utilizing a form similar to the Federal form 1099. The state could also advance other important policy goals including an increase in the fairness of the tax system and a reduction of the misclassification of workers as independent contractors.
Date Issued
2013-12-01
Keywords
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Type
article
