Tax-News.com: Bill Would Replace US Corporate Tax With VAT-Like Tax, by
Tax-News.com: Jim Renacci, a member of the House of Representatives Ways and Means Committee and Budget Committee, has issued a US tax reform plan andndash; Simplifying America's Tax System andndash; that would eliminate corporate income tax and replace it with a new seven percent credit-invoice based consumption tax.

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Tax-News.com: Jim Renacci, a member of the House of Representatives Ways and Means Committee and Budget Committee, has issued a US tax reform plan andndash; Simplifying America's Tax System andndash; that would eliminate corporate income tax and replace it with a new seven percent credit-invoice based consumption tax.
Continue reading...
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