Legislative Activity

Senate Tax Writing Committee Continues Meetings on Reform

The Senate Finance Committee has continued its series of closed-door committee meetings on tax reform, recently issuing an options paper addressing charitable and tax-exempt organizations. The most recent paper is available here. The Committee’s paper on charitable and tax-exempt organizations was the ninth topic covered by the Committee. A list of all the option papers currently published is available here.

Ways and Means Holds Hearing on Tax Havens, Base Erosion, and Profit Sharing

Last Thursday, June 13, the House Ways and Means Committee held a hearing examining taxation of profits of American multinational corporations held overseas.