The U.S. has a corporate income tax rate that is competitive with the rest of the developed world and a territorial-type international tax system that incentivizes companies to invest in the U.S. But more work remains to ensure that tax reform continues to support U.S. economic growth and competitions for the long term.
Business Roundtable supports policies to improve our tax system and provide certainty for businesses by making expiring provisions permanent. Further improvements to the U.S. international corporate tax system may be necessary to ensure a competitive edge.