Test your knowledge of corporate tax data

Part of any tax reform effort should be to understand the current system - the rules, who pays, how much, distribution of the tax burden, collection costs, enforcement efforts, in addition to reviewing how well (or not so well) the system meets principles of good tax policy.

I've got a short article in the AICPA Corporate Taxation Insider this week with 12 questions about the federal corporate tax system. The data comes mostly from the IRS Data Book.  Here is the first question:

For fiscal year 2012, ____% of net federal tax collections, approximately $237.5 billion, was from corporate tax returns. (view answer 1)

I hope you'll check out the rest - here.