Business leaders need to stay informed
Jeff Worlton //February 16, 2015//
Business leaders need to stay informed
Jeff Worlton //February 16, 2015//
This year, it will be critical for business executives here in Denver and Colorado to stay informed on a number of tax issues in the U.S. and abroad that could affect company operations and, potentially, corporate reputations in 2015.
To provide the best value for their companies, leaders will need to stay informed and carefully consider a range of tax scenarios when making near- and longer-term decisions.
Looking ahead, we see six action items for business leaders in 2015:
Colorado overall is in good shape, stable with a handle on spending and revenue estimates. Various constitution amendments, such as the Taxpayer's Bill of Rights (TABOR) and the Gallagher decision, are seen by some as restricting the government in deciding how to allocate resources. Governor Hickenlooper wants to start evaluating what limitations around allocating resources may exist in relation to these amendments. The Colorado business community will need to keep an eye on these events.