Idaho Center for Fiscal Policy: Conforming With Recent Federal Tax Changes Will Result in Over $284.4 Million in Annual Revenue Loss in Idaho

To prioritize Idaho businesses and protect revenue for public services, the Center recommends remaining decoupled from (1) bonus depreciation, and decoupling from (2) qualified production property deduction, (3) research and experimentation (R&E) cost recovery, (4) relaxed interest deductibility cap, and (5) deduction of foreign derived intangible income.

Read more.