The Senate Finance Committee held a hearing Tuesday to discuss reforming the business tax code and heard from a group of panelists, including a representative of the American Institute of CPAs.

“Fair and equitable tax reform will drive economic growth and enhance the competitiveness of all types of American businesses not only in the U.S., but also abroad,” said Troy K. Lewis, former chair of the AICPA’s Tax Executive Committee and now a professor at Brigham Young University. “We need a tax system that is fair, stimulates economic growth, has minimal compliance costs and allows taxpayers to understand their tax obligations.”

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