Taxes
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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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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
Click here to access op-ed.
On February 14, the U.S. Chamber submitted these comments to the I.R.S. and Treasury on REG-105495-19: guidance related to the allocation and apportionment of deductions and foreign taxes, the definition of financial services income, foreign tax redeterminations under section 905(c), the disallowance of certain foreign tax credits under section 965(g), and the application of the foreign tax credit limitation to consolidated groups, as published in the Federal Register on December 17, 2019.
On February 13, the U.S. Chamber submitted these comments to the I.R.S. and Treasury on REG-122180-18, proposed regulations under section 162(m) of the Internal Revenue Code, which limits the deduction for certain employee remuneration in excess of $1,000,000 for federal income tax purposes, as published in the Federal Register on December 20, 2019.
On January 31, the U.S. Chamber submitted these comments to the I.R.S. and Treasury on REG-112607-19, guidance regarding the base erosion and anti-abuse tax imposed on certain large corporate taxpayers with respect to payments made to foreign related parties, as published in the Federal Register on December 6, 2019.
U.S. Chamber President Tom Donohue's remarks on the State of American Business as prepared for delivery on January 9, 2020.
Today U.S. Chamber CEO Thomas J. Donohue cautioned that the United States must continue to engage on the world stage or risk being left behind in his annual State of American Business Address.
This booklet is the guide to the U.S. Chamber of Commerce's policy priorities for 2020. This booklet was released and referenced during the 2019 State of American Business on January 9th, 2020.
Take a look at some of the Chamber's priorities that will be come law before the end of the year:
This Key Vote Alert! letter was sent to the United States Senate, supporting Fiscal Year 2020 appropriations legislation.
This Key Vote Alert! letter was sent to the U.S. House of Representatives, supporting Fiscal Year 2020 appropriations legislation.