Tax policies can have a significant impact on startups, which often rely on pro-growth and innovation provisions to attract talent and provide new avenues for revenue growth. Programs like Opportunity Zones, which provide tax incentives for companies which relocate into economically depressed areas, can help startups grow. However, forcing startups to comply with an opaque patchwork of 50 state online sales tax laws, a reality facing startups after the Supreme Court’s decision in South Dakota v. Wayfair can hurt them.
Stakeholders across the economy — including startups — are telling the U.S. trade chief about harmful trade barriers, but it’s unclear if the agency will do anything to address them.
House advances AI legislation to authorize startup resources, boost AI workforce