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GOP Tax Writer Floats Bill to Boost Business Interest Deductions

American companies facing higher after-tax capital costs because of how tax law excludes global income from interest deductibility calculations would get a break under new legislation proposed by a GOP House tax writer.

American companies facing higher after-tax capital costs because of how tax law excludes global income from interest deductibility calculations would get a break under new legislation proposed by a GOP House tax writer.
Rep. Ron Estes (R-Kan.) is int… [388 chars]

Source: Bloomberg Tax News | Published: 2026-03-26T16:00:00Z

Credit: Bloomberg Tax News

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