The top tax official in the US House of Representatives has urged corporate taxpayers to be vocal in their response to the tax reform bill unveiled by Charles Rangel, chairman of the House Committee on Ways and Means, in October.
“There is an opportunity to change our current system,” said John Buckley, the Committee’s chief tax counsel, during a Tax Council Policy Institute webcast.
Buckley stressed that the bill is focused on US business activities and confirmed that the ultimate aim is to ensure the US remains competitive in an increasingly global market.
“Members of congress need guidance,” said Hank Gutman of KPMG, who chaired the discussion.
