Tax Facts

September 27. 2016

ACT Tax Facts: Whether it’s the Effective Rate or the Statutory Rate, U.S. Businesses Face an Uncompetitive Tax Rate

It is a simple, well-known fact: The 35-percent U.S. corporate tax rate is the highest in the developed world and, adding in state taxes, is 14.7 percentage points above the unweighted average of the other 34 OECD member countries, including Japan, the UK, France, Germany, and Canada. A lesser known fact is that the effective […]

Read more »

March 15. 2016

Washington Post Letter to the Editor: Build a tax code that keeps U.S. profits at home

Michelle Hanlon, the Howard W. Johnson Professor and a Professor of Accounting at the MIT Sloan School of Management, wrote the Letter to the Editor below, which ran in the Washington Post on March 14, 2016 in response to an article on foreign earnings of U.S. businesses. The March 6 Economy & Business article, “U.S. […]

Read more »

February 09. 2016

ACT Responds to President Obama’s Fiscal Year 2017 Budget

Washington, D.C. – Today, the Alliance for Competitive Taxation (ACT) issued the following statement regarding the budget that was released today by the Administration: “We appreciate that the White House is keeping business tax reform on the agenda. It is critical that we fix our broken tax system in a way that aligns the tax rate […]

Read more »

July 08. 2015

ACT Responds to Senate Finance Committee International Tax Reform Working Group

We thank Senator Portman and Senator Schumer for their commitment to addressing our outdated system of international taxation

Read more »

June 24. 2015

ACT: Repatriation To Pay for Infrastructure Would Impede Progress Towards Tax Reform

ACT statement on the taxation of the repatriation of foreign earnings as a funding mechanism for a multi-year highway bill

Read more »

May 08. 2015

Chairman Dave Camp on the Prospects and Need for Tax Reform

Read excerpts from Chairman Camp’s speech at the 2015 ABA Section of Taxation May Meeting.

Read more »

April 22. 2015

ACT Tax Facts: The U.S. Has a High Effective Corporate Income Tax Rate

The U.S. has a high statutory corporate income tax rate. Too often overlooked, though, is that the effective corporate income tax rate is also high.

Read more »

March 18. 2015

Former Top Treasury Official Calls for Tax Reform at Senate Finance Committee Hearing

Pamela F. Olson, Former Assistant Treasury Secretary for tax policy, testified on the need for international corporate tax reform.

Read more »

March 02. 2015

Laura Tyson: Competing on Corporate Tax

Read the op-ed in Project Syndicate

Read more »

February 24. 2015

ACT Adviser Dr. Laura Tyson Addresses Need for Tax Reform at Senate Finance Committee Hearing

Dr. Laura Tyson testified before the Senate Finance Committee on tax reform and its ability to support stronger U.S. economic growth.

Read more »

12345...