Hatch Touts Corporate Integration at Tax Reform Hearing

Senate Finance Committee Chairman Orrin Hatch, during his opening statement at the committee’s Hearing on Business Tax Reform on September 19, stated that he continues to support his corporate integration proposal, which would allow U.S. businesses to deduct shareholder dividend payments from their taxable income in order to resolve the perceived double taxation, at the corporate and shareholder levels, on corporate earnings.  Chairman Hatch views corporate integration as a complement to, rather than a substitute for, corporate tax rate reduction.

Senate Republican tax chief wants dividend deduction in tax reform

Hatch Opening Statement at Finance Committee Hearing on Business Tax Reform

 

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