API supports pro-growth tax reform
Published by Stephanie Roker,
Editor
World Pipelines,
API President and CEO, Jack Gerard, has issued the following statement in response to Congressional leaders in the House and Senate and administration officials expressing their support for pro-growth tax reform:
"API supports pro-growth tax reform and the combined commitment shown today by the White House and Congressional leaders will help us achieve this important goal. Tax reform focussed on economic development can benefit American consumers, businesses and the economy. We will continue to work with leaders in the House, Senate and administration on pro-growth policies that will help strengthen the US energy renaissance.
"The oil and natural gas industry is investing billions in the US economy each year, and pro-growth tax reform would enable our members to help accelerate these economic investments while keeping energy affordable. The right tax reform approach must support job creation, manufacturing competitiveness and global trade, including robust capital cost recovery mechanisms, a competitive international tax system, and use of available foreign tax credits as part of any deemed repatriation provision."
Read the article online at: https://www.worldpipelines.com/business-news/28072017/api-supports-pro-growth-tax-reform/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Unlocking the energy value chain
Carlos Garcia Alvarado, CTO and Vicki Knott, CEO, CruxOCM, discuss how to optimise midstream operations to enhance efficiency and unlock value across the supply chain.
