President Trump: We can help make America a manufacturing super power. Learn more

How U.S. International Tax Policy Affects U.S. Investment and Jobs 

The administration’s plan would increase the rate of the Global Intangible Low-Taxed Income (GILTI) minimum tax to 21%, eliminate the exception for qualified business asset investment (QBAI), and require that GILTI be computed on a country-by-country (CBC) basis. GILTI is a unique tax affecting U.S. companies and imposing costs that make them less competitive versus foreign companies and inhibit domestic employment.

Download
Tax
American Chemistry Council

The American Chemistry Council’s mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and Communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably—for generations to come.