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 passed the first major tax reform in more than three decades.
Explore the map to see how companies responded.
Why the Financial Transaction Tax would do more harm than good.
Rather than raising taxes, we need to focus on policies that will drive our economic recovery during the COVID-19 pandemic. Read more.
Tax reform improved the competitiveness of our tax system – and proposals to double the GILTI rate is a step in the wrong direction.
There is bipartisan agreement that an economic downturn is not the time to raise taxes. Here's why.
In the face of significant challenges, including a global pandemic and an economic crisis, businesses have adapted to survive ... they have served their communities, and this country ... and they have put forward life-saving, world-changing solutions.
This Key Vote Alert! letter was sent to the Members of the United States Congress, supporting the Senate Amendment to H.R. 133, the omnibus COVID-19 relief legislative package.
On December 11, 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 the Reports on the Pillar One and Pillar Two Blueprints, as published by the OECD on October 12, 2020.
Massive small business coalition asks Congress to reverse IRS ruling that penalizes PPP borrowers
On November 16, 2020, the U.S. Chamber delivered these comments to the I.R.S. and Treasury on REG-110059-20, proposed regulations relating to the modification of §958(b)[1] of the Internal Revenue Code (“Code”) by the Tax Cuts and Jobs Act, which was enacted on December 22, 2017, modifying the ownership attribution rules applicable to outbound transfers of stock or securities of a domestic corporation under §367(a), and narrowing the scope of foreign corporations that are treated as controlled foreign corporations for purposes of the look-through rule under §954(c)(6), as published in the Federal Register on September 22, 2020.
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.
U.S. Chamber Comments on REG-101657-20: Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income
On February 5, 2021, the Chamber delivered these comments to the I.R.S. and Treasury on REG-101657-20, proposed regulations relating to the foreign tax credit.