03/22/2023
https://congress.gov...
"Basically, what their proposal is that the OECD would dictate what U.S. companies pay as a tax rate on operations inside the United States, and actually would be detrimental to U.S. tax receipts."
"I am glad to have Congressman Ron Estes, a distinguished Member of the Ways and Means Committee, joining us today..."
"The American Innovation and R&D Competitiveness Act allows for immediate expensing of eligible R&D expenses, bringing us back to where we were just a few years ago."
"This R&D tax credit will be very disruptive and will harm, hurt their ideas of innovation."