Ways & means chairman proposes major corporate tax reform

• Autores: Stephen Barlas
• Localización: Strategic Finance, ISSN-e 1524-833X, Vol. 96, Nº. 4, 2014, págs. 23-24
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article discusses the proposed corporate tax reform by U.S. Representative Dave Camp as of February 2014. The proposed tax reform are said to eliminate the Modified Accelerated Cost Recovery System (MACRS), reduce the corporate tax rate to 25 percent, and modify the subpart F rules for corporate taxation of income earned overseas. It is also stated that U.S. President Barack Obama supports a number of provisions while the House Republican leadership disagrees with the