Taxes
America has the most innovative, dynamic, and resilient economy in history—our tax system should strengthen our economy, not undermine it. The U.S. Chamber promotes a tax system that allows taxpayers and business owners to make smart decisions about how they work, save, and invest. Low tax rates and a stable tax code allow businesses to grow the economy, create jobs for Americans, and invest for the future while supporting communities and society at large through tax revenues.
Feature story
Congress must seize this opportunity to enact H.R. 7024 and retroactively restore R&D expensing for American small and midsize businesses.
Feature story
With tax filing season starting today, it is imperative that Congress act now to avoid further negative impacts to American businesses.
Feature story
Congress urgently needs to enact legislation addressing three key business tax provisions
Further reading
- A Business Guide to the U.S. EconomyWhat business owners need to know about the current state of the U.S. economy, including how the pandemic, labor shortage, and other trends are impacting performance.Learn More
- Finance and Financial Regulation Basics for BusinessesThe basics of financing and financial regulations for businesses, including sources of financing, government regulators, and the role of financial institutions.Learn More
- Small Business Would Be Hit Hard by Corporate Tax IncreaseThere are 1.4 million small businesses, employing about 13 million Americans, that would end up paying the higher rate.Learn More
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Our Work
The U.S. Chamber works with our partners in government and fights for tax policies that will help American businesses succeed at home, compete abroad, and attract global businesses to our shores.
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Latest Content
Over one million small businesses would see their tax bills increase significantly with a corporate income tax raise.
The Chamber appreciates the Commission’s commitment to robust economic recovery efforts. We believe, however, that any measures contemplated should not run directly counter to the aim of a multilateral negotiation to which the EU has committed itself. We therefore strongly encourage the EU to focus its efforts on reaching a consensus at OECD level, to refrain from pursuing any such a measure while those negotiations are ongoing, and to avoid adopting any additional levy above and beyond what is agreed at the OECD.
This Hill letter was sent to the Members of the United States Congress, supporting S. 749, the “American Innovation and Jobs Act,” and H.R. 1304, the “American Innovation and R&D Competitiveness Act.” This bill is on the Legislative Leadership list for the “How They Voted” scorecard.
U.S. Chamber submitted comments in advance of trilogue negotiations among the Commission, Parliament, and Council during which they will consider changes to current rules surrounding income tax information whereby country-by-country reporting information would be made public.
This Hill letter was sent to the Members of the United States Congress, supporting H.R. 1381 and S. 480, the “Main Street Tax Certainty Act of 2021.” This bill is on the Legislative Leadership list for the “How They Voted” scorecard.
This Hill letter was sent to the Members of the United States Senate, on the "American Rescue Plan."
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.
This Hill letter was sent to the Members of the U.S. House of Representatives, on pandemic relief and the American Rescue Plan.
Tax reform improved the competitiveness of our tax system – and proposals to double the GILTI rate is a step in the wrong direction.