Tag: Book Minimum Tax

Republican members of the Senate Finance Committee, led by Ranking Member Mike Crapo (R-Idaho), urged Senate colleagues to reconsider efforts to implement a tax on financial statement income of U.S. companies, or a “book minimum tax,” detailing the problematic and unaddressed issues that have resulted from such proposals in the past. As the senators note, … Continue reading Finance Committee Republicans: Congress Should Close the Book on the Failed Book Minimum Tax