How Do America’s CEOs Feel About the Tax Plans? They’re Watching the Details - News Summed Up

How Do America’s CEOs Feel About the Tax Plans? They’re Watching the Details


WASHINGTON—While lawmakers in the House and Senate craft dueling versions of tax-overhaul legislation, battling over corporate tax rates and rules for overseas income, corporate chiefs at a gathering across town are sweating some of the smaller stuff. Utilities are focused on maintaining deductions for interest payments on their heavy borrowing. Multinationals worry a potential excise tax on transactions from U.S. units to foreign affiliates could disrupt global supply chains or crimp investment in operations that employ thousands...


Source: Wall Street Journal November 14, 2017 21:00 UTC


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