The Chamber continues to fight for a streamlined tax system allowing taxpayers to make smarter decisions about how they work, save, and invest, and unleashing the power of American businesses—large and small—to create jobs.
Washington has passed the first major tax reform in more than three decades.
Explore the map to see how companies are responding.
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The U.S. Chamber continues to fight for and support broad-based economic growth through effective tax, fiscal, and monetary policy.
On April 2, 2020 the Chamber delivered this letter to the IRS and the Treasury regarding comments and recommendations to provide guidance to taxpayers in response to COVID-19.
“The U.S. Chamber of Commerce is working with state and local chambers across the country to provide businesses with the information they need to stay afloat and keep people employed during the pandemic,” said Suzanne Clark, President of the U.S. Chamber of Commerce. “These comprehensive guides ensure business owners fully understand what aid is available to them and how to access those funds as quickly as possible. We are committed to ensuring no family or business goes bankrupt due to financial hardships associated with the coronavirus.”
This Key Vote Alert! letter was sent to the members of the United States Senate supporting S. 3548, the "Coronavirus Aid, Relief, and Economic Security (CARES) Act."
This Hill Letter was sent to the members of the United States Senate, supporting Senate passage of H.R. 6201, the "Families First Coronavirus Response Act."
This Hill letter was sent to the House Committee on Ways and Means committee's subcommittee on Select Revenue Measures, on the hearing entitled, “Examining the Impact of the Tax Code on Native American Tribes," and supporting H.R. 2484, the “Tribal Tax and Investment Reform Act.”
This Hill letter was sent to the United States Senate, supporting S. 604, the “Mobile Workforce State Income Tax Simplification Act of 2019.”
This Hill letter was sent to the U.S. House of Representatives, supporting H.R. 5674, the “Mobile Workforce State Income Tax Simplification Act of 2019.”
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.
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.
From shipping to staffing, the Chamber and its partners have the tools to save your business money and the solutions to help you run it more efficiently. Join the U.S. Chamber of Commerce today to start saving.
Weekly insights and analysis from the intersection of government and business.
U.S. Chamber Comments on REG-105495-19: Proposed Foreign Tax Credit Rules
On February 14, the U.S. Chamber submitted these comments to the I.R.S. and Treasury on REG-105495-19: guidance related to the allocation and apportionment of deductions and foreign taxes, the definition of financial services income, foreign tax redeterminations under section 905(c), the disallowance of certain foreign tax credits under section 965(g), and the application of the foreign tax credit limitation to consolidated groups, as published in the Federal Register on December 17, 2019.