The CompTIA Federal Tax and Regulatory Committee focuses on policy issues that are relevant to the business of US technology companies. The perennial issue for the committee is tax reform, with lower corporate tax rates and movement to a territorial tax system. The committee also oversees policy on other tax issues, including the permanent extension of the R&D tax credit; and interstate tax issues, such as the Internet Tax Freedom Act, Online Sales Tax, Digital Download Tax, Business Activity Tax and Mobile Workforce.
In addition, the committee analyzes legislative and regulatory proposals, responds to requests from Congress and the administration, provides testimony for relevant tax issues and presents CompTIA Membership with networking opportunities with key decision makers.
Tax Federal Government Affairs Events
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| Oct 31, 2017
As tax reform deliberations begin in Washington D.C., CompTIA members had an opportunity earlier this month to sit down with key Congressional staff to discuss the issue. The hour-long roundtable gave members the chance to share their corporate tax priorities with staff, and learn more about forthcoming legislation that will reform our tax code.
| Sep 28, 2017
This week, key Republican policymakers in Washington unveiled a framework outlining their proposed tax reform goals. While the framework is light on details – this isn’t legislative text, after all – it does provide some insight into what the bill’s writers are thinking. For instance, on corporate reforms the framework would lower the tax rate on corporations to 20%, and tax passthroughs at 25%. It would allow businesses to “write off” or expense investment costs – so long as those investments aren’t structures – for at least five years.
| Jun 21, 2017
The House of Representatives this week, passed the Mobile Workforce State Income Tax Simplification Act (H.R. 1393) by a simple voice vote. Passage of the bill with such broad, bipartisan support should send a message to the Senate that it’s now time for that chamber to act accordingly and deliver its own bill (S. 540) for the president’s signature immediately. Many in the IT industry have been monitoring the proposal closely, as it reflects a changing economic landscape and would streamline some of our tax collection laws.
Jun 20, 2017
Mar 08, 2017
Feb 15, 2017