Taxation Committee

On request from Chamber staff, the committee analyzes and provides input on federal tax legislative and regulatory initiatives.

On request from Chamber staff, the committee analyzes and provides input on federal tax legislative and regulatory initiatives. Since the enactment of tax reform, the committee’s input has focused on the regulatory implementation of tax reform and post-reform legislative initiatives to ensure the most pro-growth tax code possible.

Recent Activity

CommentFeb 13, 2020 - 9:15am

U.S. Chamber Comments on REG-122180-18: Certain Employee Remuneration in Excess of $1,000,000 under Internal Revenue Code Section 162(m)

On February 13, the U.S. Chamber submitted these comments to the I.R.S. and Treasury on REG-122180-18, proposed regulations under section 162(m) of the Internal Revenue Code, which limits the deduction for certain employee remuneration in excess of $1,000,000 for federal income tax purposes, as published in the Federal Register on December 20, 2019.

CommentJan 31, 2020 - 9:15am

U.S. Chamber Comments on REG-112607-19: Additional Rules Regarding Base Erosion and Anti-Abuse Tax

On January 31, the U.S. Chamber submitted these comments to the I.R.S. and Treasury on REG-112607-19, guidance regarding the base erosion and anti-abuse tax imposed on certain large corporate taxpayers with respect to payments made to foreign related parties, as published in the Federal Register on December 6, 2019.

CommentDec 02, 2019 - 10:15am

U.S. Chamber Comments on Global Anti-Base Erosion Proposal ("GloBE") (Pillar Two)

On December 2, the U.S. Chamber submitted these comments to the Organisation for Economic Co-operation and Development (OECD) in response to the public consultation document on Global Anti-Base Erosion Proposal (“GloBE”) under Pillar Two regarding taxation of the digital economy.

CommentNov 12, 2019 - 11:00am

U.S. Chamber Comments on REG-125710-18: Regulations Under Section 382(h) Related to Built-In Gain and Loss

On November 11, the U.S. Chamber submitted these comments to the IRS and Treasury on REG-125710-18, guidance regarding the items of income and deduction which are included in the calculation of built-in gains and losses under section 382 of the Internal Revenue Code, as published in the Federal Register on September 10, 2019.

CommentNov 11, 2019 - 10:30am

U.S. Chamber Comments on the Secretariat Proposal for a “Unified Approach” under Pillar One

On November 11, the U.S. Chamber submitted these comments to the Organisation for Economic Co-operation and Development (OECD) on the Secretariat Proposal for a “Unified Approach” under Pillar One regarding taxation of the digital economy.

CommentOct 10, 2019 - 9:00am

U.S. Chamber Comments on REG-102508-16: Guidance Under section 6033 Regarding the Reporting Requirements of Exempt Organizations

On October 10, the U.S. Chamber submitted this letter to the IRS and Treasury on REG-102508-16: Guidance Under section 6033 Regarding the Reporting Requirements of Exempt Organizations as published in the Federal Register on September 10, 2019.

CommentSep 16, 2019 - 9:15am

U.S. Chamber Comments on REG-101828-19: Guidance Under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible Low-Taxed Income)

On September 16, the U.S. Chamber submitted these comments to the IRS and Treasury on REG-101828-19: Guidance Under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible Low-Taxed Income), as published in the Federal Register on June 21, 2019.

CommentSep 13, 2019 - 9:00am

U.S. Chamber Comments to Treasury on Corporate Filing Deadline Relief

On September 13, the U.S. Chamber submitted these comments to Treasury regarding concerns over the ability of businesses to meet the upcoming corporate filing deadline.

CommentAug 14, 2019 - 9:00am

U.S. Chamber Comments on Docket No. USTR-2019-0009: Initiation of Section 301 Investigation of France's Digital Services Tax

On August 14, the U.S. Chamber submitted the following comments to USTR on the Section 301 Investigation of France’s Digital Services Tax pursuant to Federal Register Notice (FRN) 2019-15081/Docket No. USTR-2019-0009, as published on July 16, 2019.

Comment, Letters to CongressJul 18, 2019 - 9:45am

U.S. Chamber Comments on Indexing Capital Gains Basis for Inflation

This letter was sent to Secretary Mnuchin in support of indexing capital gains basis for inflation.