Taxes
America has the most innovative, dynamic, and resilient economy in history—our tax system should strengthen our economy, not undermine it. The U.S. Chamber promotes a tax system that allows taxpayers and business owners to make smart decisions about how they work, save, and invest. Low tax rates and a stable tax code allow businesses to grow the economy, create jobs for Americans, and invest for the future while supporting communities and society at large through tax revenues.
Feature story
Congress must seize this opportunity to enact H.R. 7024 and retroactively restore R&D expensing for American small and midsize businesses.
Feature story
With tax filing season starting today, it is imperative that Congress act now to avoid further negative impacts to American businesses.
Feature story
Congress urgently needs to enact legislation addressing three key business tax provisions
Further reading
- A Business Guide to the U.S. EconomyWhat business owners need to know about the current state of the U.S. economy, including how the pandemic, labor shortage, and other trends are impacting performance.Learn More
- Finance and Financial Regulation Basics for BusinessesThe basics of financing and financial regulations for businesses, including sources of financing, government regulators, and the role of financial institutions.Learn More
- Small Business Would Be Hit Hard by Corporate Tax IncreaseThere are 1.4 million small businesses, employing about 13 million Americans, that would end up paying the higher rate.Learn More
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Our Work
The U.S. Chamber works with our partners in government and fights for tax policies that will help American businesses succeed at home, compete abroad, and attract global businesses to our shores.
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Latest Content
This Hill letter was sent to the Members of the Senate Committee on Appropriations, on the Fiscal Year 2024 Financial Services and General Government Appropriations bill.
This Hill letter was sent to the Members of the House Committee on Appropriations, on the Fiscal Year 2024 Financial Services and General Government Appropriations bill.
Failure to act now to restore immediate Research and Development expensing will increase the cost of innovation in the United States and slow economic growth for businesses of all sizes.
This Key Vote Alert! letter was sent to the Members of the United States Senate, supporting the vote to provide consent for the U.S.-Chile Tax Treaty, "Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income and Capital."
On June 9, 2023, the U.S. Chamber submitted comments to the Internal Revenue Service recommending a range of critical items to be included on the 2023–2024 Priority Guidance Plan.
This Hill letter was sent to the Members of the United States Congress, supporting S. 1243 / H.R. 2767, the “Small Business Investment Act of 2023.”
This Hill letter was sent to the Members of the Senate Committee on Foreign Relations, ahead of the committee markup of S. 1457, the "Taiwan Tax Agreement Act of 2023."
The U.S. Chamber submitted comments to the Financial Accounting Standards Board (FASB) concerning its exposure draft of a proposed accounting standards update that would impose significant additional income tax disclosure requirements on business entities.