Added to state taxes, that rate would be just below the worldwide average and make U.S. companies more competitive globally, accounting firm leader…
Lawmakers are concerned that large companies may take advantage of a cut in the pass-through tax rate for small businesses.
Many observers, as well as virtually all companies, favor a big cut. But how great is the potential for unintended consequences?
The federal rate should be dropped to 20% or 25% to sync up the economy with corporate financial results and stock-market performance: Columbia…
There is no way to justify cutting the federal corporate tax rate below the current 35%, says Americans for Tax Fairness.
Projected budget deficits have also increased amid ‘surprisingly weak tax collections.’
As automation inevitably takes over technical tax work, tax professionals will be challenged to develop new skills in order to provide business value.
CFOs should ask tax execs about rate-cut surprises, sources of cash, and big capex investments.
Many U.S. companies are still making the internal process changes needed to comply with the OECD's base erosion and profit shifting project.
A lower corporate tax rate would not only raise net income after taxes, it could also increase a company's borrowing capacity.