Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Rep. Dave Camp. Photo: AP.

March 24 (Bloomberg) — The House Ways and Means Committee will begin debating which of 55 lapsed U.S. tax breaks should be extended permanently or dropped, potentially affecting a broader revamp of the tax code.

In a memo to committee members today, Chairman Dave Camp said the panel will look at the tax breaks starting in April, going “policy by policy.” The most significant benefits that expired Dec. 31 include the research and development tax credit used by companies such as Intel Corp. and a foreign tax provision used by Citigroup Inc. and Caterpillar Inc.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO Broker Expo 2021Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.