May 27. 2014

ACT Releases Report on Recent U.S. Corporate Redomiciliations and the Growing Need for Tax Reform

By ACT Staff ACT has released a new report in response to the recent trend of U.S. companies pursuing redomiciliation through mergers with overseas companies. The report describes the recent trend of corporate inversions through mergers, the parts of the U.S. tax code that are encouraging these mergers, as well as the economic and tax effects of these transactions. Additionally, the report Read more »

May 20. 2014

ACT Responds to Introduction of Anti-Inversion Legislation

WASHINGTON – Today, the Alliance for Competitive Taxation (ACT) released the following statement in response to legislation introduced by Sen. Carl Levin (D., Mich.) and Rep. Sander Levin (D., Mich.): "The fact that we've seen a growing number of American companies in recent months announce plans to merge with foreign companies and reincorporate abroad only highlights the many deficiencies Read more »

May 09. 2014

Calls for Tax Reform Continue to Mount

By ACT Staff On the heels of last week’s calls for tax reform, opinion leaders and editorial boards across the country have continued to urge Washington to reform our outdated, anticompetitive tax code. Washington Post Editorial Board: “What’s needed is a system for a world in which other countries have slashed their rates below U.S. levels…It’s an urgent issue, because U.S. firms Read more »

May 07. 2014

New Polling Demonstrates Broad Support for Tax Reform

By ACT Staff A new poll from the RATE Coalition shows that Americans are fed up with our outdated, anticompetitive tax code. Broad majorities support a bipartisan effort to modernize and reform our tax system to encourage American businesses to grow, invest, and locate here in the United States. RATE’s research shows that 67 percent of Americans favor a bipartisan effort to lower the U.S. Read more »

May 06. 2014

Myth Buster: EPI’s “Simple Fix” Ignores the Need for American Companies to be Globally Competitive

ACT Supports Tax Reform to Modernize U.S. International Tax Rules By ACT Staff There is one thing ACT and the Economic Policy Institute agree on: our international tax system is broken and it’s time to update the rules. But while EPI argues that the United States should repeal deferral on the foreign earnings of American businesses – a system used by no other advanced economy in the Read more »

May 02. 2014

Editorial Boards, Economic Experts Call for Renewed Tax Reform Effort

By ACT Staff As the deficiencies of the U.S. tax code continue to make headlines, a growing chorus has emerged to call on U.S. lawmakers to reform our outdated, anti-competitive tax system. Pundits, economists and editorial boards agree: our tax code is broken and must be reformed so that American businesses can compete effectively in the global economy. USA Today Editorial Board: "America Read more »