Washington (June 23, 2003) -- Representatives of the American Institute of CPAs crossed swords with Bush Administration officials during last week’s congressional hearings on legislation to make Subchapter S corporations more attractive to small businesses.

Testifying on behalf of AICPA’s Tax Executive Committee, PwC Partner Robert A. Zarzar urged the House Ways and Means Subcommittee on Select Revenue Measures to take action to “recognize and remove the anti-competitive limitations on the growth of existing S corporations.”

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