The effective estate tax rate for returns filed in 2016 decreased by 2 percentage points from the previous year, in part because of a bump in bequests to surviving spouses, IRS data shows. Based on returns filed in 2016, 5,219 estates with a gross value of about...
San Francisco and Rhode Island are aiming business tax surcharges at companies with chief executive officers whose compensation is 100 times greater than their median worker’s pay. The legislation builds on the country’s first such law, in Portland, Ore., passed last...
