August 28. 2017

ICYMI – Wall Street Journal: Large Companies Oppose Idea for Taxing Foreign Profits

By Richard Rubin Aug. 27, 2017 WASHINGTON—Congressional Republicans are trying to write new rules for taxing foreign profits of U.S. corporations, and a group of large, influential companies is warning against one prominent option. Under current law, companies owe the full 35% corporate-tax rate on their world-wide earnings and have to pay it on any profits they bring back to the U.S. Read more »

August 28. 2017

ACT Weighs in with Big 6 on Critical Elements of Tax Reform to Strengthen U.S. Economy, Achieve Global Competitiveness

WASHINGTON – The Alliance for Competitive Taxation (ACT), a coalition of leading American businesses, today released a set of priorities for competitive tax reform shared with leaders in Congress and the Administration. As the members of the “Big Six” – House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell, House Ways and Means Committee Chairman Kevin Brady, Senate Finance Read more »