Taxation Policy Committee

The committee analyzes and provides input on recommended policy on federal tax legislative initiatives.

On request from Chamber staff, the committee analyzes and provides input on recommended policy on federal tax legislative initiatives. The committee has developed general principles for tax reform which have been approved by the Chamber’s Board of Directors and which guide the Chamber in determining its position on tax reform legislative proposals. Chamber staff may activate the committee’s tax reform subcommittee to develop consensus positions on issues presented by various tax reform proposals as the tax reform debate moves forward. 

Recent Activity

CommentDec 12, 2018 - 11:30am

U.S. Chamber Comments on REG-115420-18: Investing in Qualified Opportunity Funds (Guidance Under §1400Z-2)

On December 12, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-115420-18: Investing in qualified opportunity funds, as published in the Internal Revenue Bulletin on October 29, 2018.

CommentNov 20, 2018 - 9:30am

U.S. Chamber Comments on REG-104390-18: Guidance Related to Section 951A (Global Intangible Low-Taxed Income)

On November 20, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-104390-18, guidance related to section 951A, as published in the Internal Revenue Bulletin on October 10, 2018.

CommentNov 01, 2018 - 11:00am

U.S. Chamber Comments on IRS Notice 2018-68: Guidance on the Application of Section 162(m)

The U.S. Chamber submitted comments on IRS notice 2018-68: Guidance on the Application of Section 162(m)

LetterOct 30, 2018 - 9:45am

U.S. Chamber Letter to Treasury Secretary Steven Mnuchin on European Digital Services Tax

U.S. Chamber of Commerce President and CEO Thomas J. Donohue today sent a letter to Treasury Secretary Steven Mnuchin on the potential for a European Digital Services Tax (DST).Read the letter below:October 29, 2018

Ad, In the NewsOct 16, 2018 - 3:30pm to Oct 24, 2018 - 7:00pm

U.S. Chamber’s Harris to Speak at Naperville Regional Economic Forecast Event

On Wednesday, October 24, 2018, U.S. Chamber Vice President, Tax Policy & Economic Development, and Chief Tax Policy Counsel Caroline Harris will speak on a panel at the Naperville Regional Economic Forecast, co-hosted by the Naperville Area Chamber of Commerce and Calamos Investments. Harris will provide an update on recent tax reform legislation, the current legislative outlook, and the 2018 midterm elections. Other panelists will include Calamos Investments Founder, Chairman, and Global CIO John P. Calamos Sr. and PNC Financial Services Group Chief Economist Gus Faucher.

Press ReleaseOct 09, 2018 - 2:30pm

Coalition of 30 Business Organizations Calls on IRS to Revise Section 965 Overpayment Guidance

Current Guidance is Counter to Clear Statutory Language and Congressional Intent of Tax Reform

LetterOct 09, 2018 - 1:30pm

U.S. Chamber-S Corporation Association-led Coalition Letter on Tax Overpayments and §965(h)

On October 9, the U.S. Chamber and S Corporation Association submitted the following coalition letter regarding tax overpayments and §965(h) to Commissioner Rettig, Secretary Mnuchin, and Assistant Secretary Kautter.

CommentOct 03, 2018 - 9:15am

U.S. Chamber Comments on REG-104226-18 (Proposed Rules Relating to §965 Transition Tax)

On October 3, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-104226-18, proposed rules relating to §965 transition tax as published in the Federal Register on August 9, 2018.

CommentOct 02, 2018 - 9:00am

U.S. Chamber Letter on REG-104397-18 (Proposed Rules Relating to §168(k) (Additional First Year Depreciation Deduction)

On October 2, the U.S. Chamber submitted the following letter to the Treasury Department and the IRS on REG-104397-18, proposed rules relating to §168(k) additional first-year depreciation deduction as published in the Federal Register on August 8, 2018.

CommentSep 28, 2018 - 10:15am

U.S. Chamber Comments on REG-107892-18 (Proposed Regulations on New 20 Percent Deduction for Pass-Through Businesses (§199A))

On September 28, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-107892-18, proposed rules relating to the qualified trade or business income deduction under Sec. 199A as published in the Federal Register on August 8, 2018.