Comment from The Alliance for Competitive Taxation ("ACT")
The Alliance for Competitive Taxation ("ACT")SupportAdvocacy
Summary: The Alliance for Competitive Taxation (ACT), a coalition of American companies, submitted recommendations for the 2026-2027 Priority Guidance Plan. They argue for specific guidance to simplify complex tax regulations, reduce compliance burdens, and ensure that Treasury rules align with Congressional intent regarding foreign tax credits and corporate income.
Response to Notice 2026-23 (Recommendations on Items to be Included on the 2026-2027 Priority Guidance Plan) from The Alliance for Competitive Taxation ("ACT")