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

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.

LetterSep 25, 2018 - 5:30pm

H.R. 6760, "Protecting Family and Small Business Tax Cuts Act of 2018"

This letter was sent to the U.S. Congress supporting H.R. 6760, which would make the individual tax cuts and pass-through rates in the Tax Cuts and Jobs Act permanent. September 25, 2018 TO THE MEMBERS OF THE UNITED STATES HOUSE OF REPRESENTATIVES:

LetterAug 21, 2018 - 11:30am

U.S. Chamber of Commerce - Tax Overpayments and Section 965

This letter was sent to Treasury Secretary Steven Mnuchin and Assistant Secretary for Tax Policy David Kautter as well as all members of the Senate Committee on Finance and the House Committee on Ways and Means on tax overpayments and Section 965.

CommentMay 18, 2018 - 11:30am

U.S. Chamber Comments on Notice 2018-26

On May 18, the U.S. Chamber submitted the following comments to Treasury and the IRS in response to Notice 2018-26 as published in the Internal Revenue Bulletin on April 16, 2018.

Press ReleaseApr 17, 2018 - 1:15pm

U.S. Chamber Celebrates Historic Tax Reform and Says Farewell to the Old Tax Code

Sen. Pat Toomey, Business Leaders Highlight How the New, Pro-Growth Tax Code is Improving U.S. LivesWASHINGTON, D.C. — The U.S. Chamber of Commerce today hosted “Tax Cuts at Work,” a tax day event celebrating the end of the old, outdated tax code and the benefits the new, pro-growth tax code brings to American workers, businesses, and families.