Alliance for competitive taxation
The Alliance for Competitive Taxation (ACT) is a coalition of 42 major American business corporations officially formed on June 4, 2013. The organization describes itself as "leading American businesses from a broad range of industries that employ millions of Americans and compete in the global marketplace", with a mission to support "comprehensive tax reform that lowers the corporate tax rate to 25% and establishes a modern globally competitive tax system that aligns the United States with the rest of the world." Tax directors from large corporations that comprise ACT have been meeting together for over a year in an effort to increase the momentum for corporate tax reform.
ACT appointed two economic advisors to guide the coalition in their economic policies: Laura D'Andrea Tyson, former advisor to President Bill Clinton, and Douglas Holtz-Eakin, current President of the American Action Forum.
Abbott, Alcoa Inc., Bank of America Corp., Boston Scientific Corp., Caterpillar Inc., Cisco Systems, Inc., Coca-Cola Company, Dell, The Dow Chemical Company, E.I. du Pont de Nemours and Company, Eli Lilly and Company, EMC Corporation, Emerson Electric, FedEx, General Electric, General Mills, Google, Honeywell International, Intel, International Business Machines Corporation, International Paper, Johnson & Johnson, Johnson Controls, Inc., JPMorgan Chase & Co., Kellogg, Kimberly-Clark, McCormick & Company, Inc., McGraw Hill Financial Inc., Morgan Stanley, Nike, Oracle, PepsiCo, Pfizer, Procter & Gamble, Prudential Financial, QUALCOMM, State Street Corporation, Texas Instruments Inc., United Parcel Service, United Technologies, Verizon Communications, Wal-Mart Stores
Alliance for Competitive Taxation
PO Box# 34346
Washington DC 20043
- Michael Cohn, "Corporations Band Together for Tax Reform Alliance," Accounting Today, June 4, 2013.
- Alliance for Competitive Tax Reform, "Who we are", June 4, 2013.
- Anna Palmer "Big firms form new tax reform group, Politico, June 3, 2013.
- The Wall Street Journal, "[Alliance for Competitive Taxation (ACT) Launches to Promote Comprehensive Tax Reform]," Wall Street Journal Online, June 4, 2013.