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