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.
To better support the economy, which is likely to weaken throughout 2023, Congress should make these three tax changes to help American businesses.
The absence of a tax treaty with Chile doesn’t just put U.S. companies operating in Chile at a disadvantage –it threatens to hobble the energy transition. Here's why the Senate should ratify the U.S.-Chile income tax treaty this fall.
- A Business Guide to the U.S. EconomyWhat business owners need to know about the current state of the U.S. economy, including how the pandemic, labor shortage, and other trends are impacting performance.Learn More
- Finance and Financial Regulation Basics for BusinessesThe basics of financing and financial regulations for businesses, including sources of financing, government regulators, and the role of financial institutions.Learn More
- Small Business Would Be Hit Hard by Corporate Tax IncreaseThere are 1.4 million small businesses, employing about 13 million Americans, that would end up paying the higher rate.Learn More
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.
Small business advice from CO—
- International48th Annual India Ideas SummitTuesday, June 1309:00 AM EDT - 05:00 PM EDTLearn More
- Security and Resilience12th Annual Building Resilience ConferenceWednesday, July 26 - Thursday, July 2708:00 AM EDT - 03:00 PM EDTLearn More
- InfrastructureGlobal Aerospace Summit: Innovating the Skies, Connecting the WorldTuesday, September 12 - Wednesday, September 1309:00 AM EDT - 05:00 PM EDTLearn More
The U.S. Chamber submitted comments on proposed Treasury regulations that would implement the new advanced manufacturing investment credit in section 48D of the Internal Revenue Code, which was enacted as part of the CHIPS Act of 2022 to incentivize the manufacture of semiconductors and semiconductor manufacturing equipment within the United States
This Coalition letter was sent to Sen. Steve Daines supporting his "Main Street Tax Certainty Act."
This Hill letter was sent to the Members of the United States Congress, supporting S. 1117 / H.R. 2406, the “Accelerate Long-term Investment Growth Now (ALIGN) Act.”
This Hill letter was sent to the Members of the United States Congress, supporting S. 1232 / H.R. 2788, the “American Investment in Manufacturing (AIM) Act.”
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.