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Treasury’s Book-Tax Guidance Comes Down on Business’s Side

The Treasury Department signaled it’s putting its thumb on the scale in big business’s favor over the corporate book-income tax, easing up on how tough the tax should be on companies.

The Treasury Department signaled it’s putting its thumb on the scale in big business’s favor over the corporate book-income tax, easing up on how tough the tax should be on companies.
Treasury said Wednesday it would make business-friendly changes in… [399 chars]

Source: Bloomberg Tax News | Published: 2026-02-20T09:45:01Z

Credit: Bloomberg Tax News

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