CONTACT: Ronald Alt
(Washington, D.C., March 24, 2005) The Federation of Tax Administrators announced today that the Pennsylvania Department of Revenue is winner of the 2005 FTA Award for Outstanding Research and Analysis in State Tax Administration.
Presentation of the award will take place during the FTA Annual Meeting, June 13-15 in San Antonio, Texas. The winner has also been invited to make a presentation at the FTA Conference on Revenue Estimation and Tax Research, October 8-12 in Oklahoma City, Okla.
The Pennsylvania Department of Revenue was recognized for its work in analyzing the effects of combined reporting on state tax revenues. The analysis was done to support the Pennsylvania Business Tax Reform Commission, which examined business taxation and sought ways to improve business climate and fairness. As a result of the Department’s analysis, the Commission recommended that the state adopt mandatory unitary combined reporting as a means of broadening the corporate tax base and lowering the tax rate.
Judges noted that the analysis was a "clever use of data from Pennsylvania, other states and federal sources when there is a lack of data." They added that "this analysis will be very useful to other states who may be looking at moving to combined reporting."
The entries were judged by an independent panel consisting of Irs Lav, with the Center on Budget and Policy Priorities; Alan Plumley, IRS Research Division; and Ron Snell, National Conference of State Legislatures.
The Federation of Tax Administrators is a nonprofit organization composed of the tax and revenue departments of the 50 states, the District of Columbia and New York City. Its mission is to improve the standards and methods of tax administration.