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.
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Maintaining and improving pro-growth tax policy next year, when the largest automatic tax increase in history is set to occur, will ensure the U.S. is globally competitive, retaining and attracting businesses, jobs, investment, and innovation here at home.
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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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*This material has been prepared for general informational purposes only; it is not intended to provide, and should not be relied on for, legal or tax advice. Please consult an attorney or a qualified tax professional for more information.
Increasing France’s Digital Services Tax rate would damage the French economy, inflame trade tensions with the U.S., and hinder progress in international tax negotiations.
The U.S. Chamber of Commerce launched a seven-figure education program to highlight the work of elected officials in competitive 2024 races, emphasizing the need to avoid a major tax hike next year.
On October 15, 2024, the U.S. Chamber of Commerce sent a letter to the House Committee on Ways and Means Tax Teams outlining our three fundamental tax policy priorities for the next Congress and administration heading into 2025.
Members of the U.S. Chamber’s Small Business Council went to Capitol Hill with stories for congressional offices on how tax policy impacts them.
On October 7, 2024, the U.S. Chamber submitted comments to the Treasury Department and IRS on the proposed regulations under section 1503(d) of the Internal Revenue Code, which would address issues arising under the dual consolidated loss rules and the treatment of certain disregarded payments.
The U.S. Chamber of Commerce strongly supports the legal action brought in the Belgian Constitutional Court to challenge the undertaxed profit rule established by Council Directive (EU) 2022/2523.
This Hill letter was sent to the members of the U.S. House of Representatives in support of H.R. 8184, the “Growing and Preserving Innovation in America Act."
The U.S. Chamber’s new interactive map quantifies the economic impacts over a ten-year period in every state and congressional district.
