July 08. 2015

ACT Responds to Senate Finance Committee International Tax Reform Working Group

Washington, D.C. – Today, the Alliance for Competitive Taxation (ACT) issued the following statement in response to the Senate Finance Committee working group on international tax reform’s statement of principles, by co-chairs, Senators Portman and Schumer: “We thank Senator Portman and Senator Schumer for their commitment to addressing our outdated system of international taxation. The Read more »

July 07. 2015

ACT Tax Facts: The Administration’s Proposed Minimum Tax on US-Headquartered Companies

Like Members of Congress on both sides of the aisle, President Obama recognizes the need to reform business taxation. The US corporate tax rate is more than ten percentage points higher than the average for the other G-7 countries and the United States stands alone among the G-7 countries by imposing a substantial tax on active foreign business income that is reinvested at home. As a result of Read more »