October 24. 2016

ACT Tax Facts: It’s the 30th Birthday of the U.S. Tax Code and The World Is a Very Different Place Today

October 22nd marked the 30th anniversary of the 1986 Tax Reform Act, but the world is a very different place today than it was when the United States last undertook tax reform. Like cassette tapes and fanny packs, the tax code is outdated and out of style. In light of the 30th anniversary of the Tax Reform Act of 1986, we’re taking a look back to see just how much things have changed— Read more »

October 07. 2016

ACT Tax Facts: To Fix the International Tax System, Harmonizing with the Rest of the World is the Answer, Not Repealing Deferral

“Unfortunately, as the importance of success in foreign markets has grown, the United States has become less competitive abroad because of its worldwide system of international taxation.” - Senators Rob Portman and Charles Schumer on the need to fix our international tax system July 2, 2015 There is widespread, bipartisan agreement that our system of taxing the global activities of Read more »