Senior finance professionals want to lower the corporate tax rate, capital gains taxes, and taxes on foreign income, while instituting a carbon emissions tax, according to a survey by the Institute of Management Accountants.

The IMA surveyed 94 senior finance professionals in May, asking how they feel about some of the proposed tax reforms being considered in Washington. Two-thirds of the poll respondents indicated they are in favor of cutting the corporate tax rate from 35 to 15 percent and lowering the capital gains tax rate from 23.8 to 20 percent by eliminating the Affordable Care Act’s 3.8 percent Net Investment Income Tax.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access