Giving up Tax Breaks for Lower Rate

AccountingToday: Business Execs Would Give up Tax Breaks for Lower Rate

Taxes are usually a hot topic for the U.S. business community. But in a year of economic uncertainty, business tax structure and tax rates have become a top concern.  In an article on Accounting Today and According to a new report by KPMG, 79 percent of business executives surveyed said they support the concept of corporate tax reform that would repeal tax incentives in exchange for a lower statutory rate.