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.
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.
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.
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.
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:
The economy is strong, and businesses are investing in their workers and communities.
On August 28, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS detailing concerns regarding foreign tax credit transition rules.
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.
This letters was sent to Representative Peter Roskam (with a cc to Rep. Kevin Brady and Senator Orrin Hatch) in support of H.R. 4916, "IRS Abuse and Protecting Free Speech Act of 2018."
On July 24, 2018, Dr. Christel Slaughter, CEO of SSA Consultants and incoming U.S. Chamber Chair of the Small Business Council, sent a letter to Chairman Chabot and Ranking Member Velázquez thanking them for holding a hearing on how the passage of Tax Cuts and Jobs Act has benefited small businesses. The hearing will take place July 25, 2018.
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Weekly insights and analysis from the intersection of government and business.
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.