Companies Seek Guidance on New U.S. Minimum Tax as Launch Date Nears

Contributing sentiments towards policy:

52% : The Joint Committee on Taxation, which provides nonpartisan analysis of tax legislation for Congress, projects the tax will raise a total of about $222 billion over the course of a decade.
50% : The Joint Committee on Taxation has projected that the tax could hit around 150 companies, but the universe of affected businesses could go well beyond that, said Mr. Rievman, who worked with Liberty Media last month on drafting a comment letter on the tax.
48% : That is because without additional clarity from the government, certain business transactions might cause financial statement gains or losses that would be subject to the book tax, Tim Lenneman, Liberty Media's senior vice president of tax, said in a Sept. 29 letter to the IRS and Treasury.

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