U.S. Senate Finance Committee schedules hearing | KPMG | GLOBAL

Senate Finance Committee schedules hearing on business tax reform

U.S. Senate Finance Committee schedules hearing

The U.S. Senate Finance Committee today announced that a hearing on business tax reform is scheduled for Tuesday, September 19, 2017.

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According to a Finance Committee release, the hearing will “examine ways to improve the U.S. tax code’s business provisions and create a healthier economic environment that will encourage job creators to invest in the United States and increase their competitiveness in the global market.”

Finance Committee Chairman Orrin Hatch (R-UT) said: 

 

“There are a variety of changes in the tax code that can be made to help shift the economic landscape and create fertile ground for businesses to invest and hire new workers here at home…. Next week, we will hear from experts about policy options that have the potential to boost economic growth and give American businesses the tools they need to create and retain higher-paying American jobs and stay competitive in today’s global economy.”

 

A list of witnesses scheduled to testify is available on the Finance Committee’s website.

The Joint Committee on Taxation on September 15, 2017, released in advance of the Senate Finance Committee’s hearing, a document that describes current law and data relating to the taxation of business entities and business income. Read JCX-42-17 

Individual tax reform hearing

The Finance Committee will hold a hearing on tax reform for individuals and families on September 14, 2017. The Joint Committee on Taxation today released a report in advance of that hearing. Read TaxNewsFlash-Tax Reform

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