Taxes

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.

Projects and Programs


Our Priorities

The U.S. Chamber continues to fight for and support broad-based economic growth through effective tax, fiscal, and monetary policy. 

Priorities

 Tax Policy
  • Advocate for continued pro-growth tax policies in relevant tax legislation (e.g., tax extenders, technical corrections bills). 
  • Continue to work with the administration on regulations and other guidance to implement the Tax Cuts and Jobs Act. 
  • Continue to work with the administration, Congress, foreign governments, and governing organizations to achieve a multilateral consensus on the taxation of the digital economy. 
  • Prevent rollback of any parts of the pro-growth tax reform bill enacted in 2017. 
  • Oppose anti-growth tax policy proposals.
Economic Policy 
  • Continue to defend the importance of central bank independence for sound, pro-growth monetary policy. 
  • Continue to advocate for responsible fiscal policy, including entitlement reform, deficit reduction, and debt management.
Economic Development 
  • Advocate for effective implementation and utilization of Opportunity Zones and similar economic development programs. 

Recent Activity

Letters to CongressDec 18, 2019 - 10:00am

U.S. Chamber Key Vote Letter to the Senate on Fiscal Year 2020 Appropriations Bills

This Key Vote Alert! letter was sent to the United States Senate, supporting Fiscal Year 2020 appropriations legislation.

Letters to CongressDec 17, 2019 - 10:00am

U.S. Chamber Key Vote Letter to the House on Fiscal Year 2020 Appropriations Bills

This Key Vote Alert! letter was sent to the U.S. House of Representatives, supporting Fiscal Year 2020 appropriations legislation.

Op EdDec 12, 2019 - 10:00am

John Murphy: A unilateral digital services tax would be a mistake for Canada

Federal Finance Minister Bill Morneau said this week that the Liberal minority government plans to implement a unilateral digital services tax (DST). This would be a mistake with broad ramifications for Canada. The digitalization of the world economy is proceeding at a remarkable clip, and it presents undeniable public-policy challenges, including in taxation. The flow of data across borders has risen 150-fold since 2005, and digital commerce has in turn become a powerful driver of growth.

CommentDec 02, 2019 - 10:15am

U.S. Chamber Comments on Global Anti-Base Erosion Proposal ("GloBE") (Pillar Two)

On December 2, 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 Global Anti-Base Erosion Proposal (“GloBE”) under Pillar Two regarding taxation of the digital economy.

ReportDec 01, 2019 - 4:15pm

Policy Priorities for the New European Commission

Promoting Competitiveness & Transatlantic Cooperation

CommentNov 12, 2019 - 11:00am

U.S. Chamber Comments on REG-125710-18: Regulations Under Section 382(h) Related to Built-In Gain and Loss

On November 11, the U.S. Chamber submitted these comments to the IRS and Treasury on REG-125710-18, guidance regarding the items of income and deduction which are included in the calculation of built-in gains and losses under section 382 of the Internal Revenue Code, as published in the Federal Register on September 10, 2019.

CommentNov 11, 2019 - 10:30am

U.S. Chamber Comments on the Secretariat Proposal for a “Unified Approach” under Pillar One

On November 11, the U.S. Chamber submitted these comments to the Organisation for Economic Co-operation and Development (OECD) on the Secretariat Proposal for a “Unified Approach” under Pillar One regarding taxation of the digital economy.

CommentOct 10, 2019 - 9:00am

U.S. Chamber Comments on REG-102508-16: Guidance Under section 6033 Regarding the Reporting Requirements of Exempt Organizations

On October 10, the U.S. Chamber submitted this letter to the IRS and Treasury on REG-102508-16: Guidance Under section 6033 Regarding the Reporting Requirements of Exempt Organizations as published in the Federal Register on September 10, 2019.

CommentSep 16, 2019 - 9:15am

U.S. Chamber Comments on REG-101828-19: Guidance Under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible Low-Taxed Income)

On September 16, the U.S. Chamber submitted these comments to the IRS and Treasury on REG-101828-19: Guidance Under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible Low-Taxed Income), as published in the Federal Register on June 21, 2019.