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Cross-border Tax Talks
US Tax Policy: Chairman Dave Camp
Mar 14, 2024
Former House Ways & Means Chairman Dave Camp shares insights on US tax policy, negotiations in Congress, expiring provisions in TCJA, and prospects of implementing Pillar Two. He emphasizes the importance of tax competitiveness, economic growth, job creation, and addressing the national debt. The discussion also touches on the challenges of passing tax legislation in the Senate, navigating international tax negotiations, and the role of American corporations in shaping tax policies.
41:26
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Quick takeaways
- Chairman Camp's political journey started from community involvement and volunteer work, shaping his career in legislative positions.
- Addressing the escalating US debt requires strategic planning to gradually reduce the burden before reaching a critical tipping point.
Deep dives
Overview of Pillar 2 Engine from PWC
The Pillar 2 engine from PWC is a centralized rules engine designed by a team of experts to revolutionize Pillar 2 modeling, provision, and compliance calculations. Utilizing over 20 years of international tax technology, this engine is available as a service and will be licensable by July 2024.
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