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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With a competitive tax code, economies across America grow and prosper, and workers across the country benefit from higher paychecks and more job opportunities.
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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
This letter was sent to the Members of the United States Congress, supporting S. 866, the “American Innovation and Jobs Act,” and H.R. 2673, the “American Innovation and R&D Competitiveness Act.”
Business groups expressed concern over several Canadian policy proposals to President Biden before his first trip to Canada.
The U.S. Chamber submitted initial comments and guidance recommendations to Treasury and the IRS concerning the new corporate alternative minimum tax regime.
The U.S. Chamber sent a letter to the Financial Accounting Standards Board (FASB) concerning its proposed changes to the income taxes paid and rate reconciliation disclosures.
U.S. Chamber of Commerce comments to the IRS request for information for certain sources of income from space.
The U.S. Chamber submitted initial comments and guidance recommendations to Treasury and the IRS concerning the new 1% excise tax on corporate stock buybacks.
The U.S. Chamber and its Brazil–U.S. Business Council urged the Treasury Department to repeal and reconsider the new arm’s length requirement included in the 2022 final foreign tax credit regulations.