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Businesses Support AMT Provision in Camp Tax Relief Bill

DEC. 12, 2011

Businesses Support AMT Provision in Camp Tax Relief Bill

DATED DEC. 12, 2011
DOCUMENT ATTRIBUTES
  • Institutional Authors
    American Airlines
    Arch Coal
    Cliffs Natural Resources
    CMS Energy
    General Motors
    Goodyear
    Owen-Illinois Inc.
    Peabody Energy
    Xerox
  • Cross-Reference
    For H.R. 3630, see Doc 2011-25914 or 2011 TNT 238-82 2011 TNT 238-82: Proposed Legislation.
  • Code Sections
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2011-26167
  • Tax Analysts Electronic Citation
    2011 TNT 240-29

 

December 12, 2011

 

 

The Honorable Dave Camp

 

Chairman House Ways and Means Committee

 

House of Representatives

 

1102 Longworth House Office Building

 

Washington, D.C. 20515

 

 

Dear Chairman Camp:

We are writing in strong support of H.R. 3630, the Middle Class Tax Relief and Jobs Creation Act of 2011.

This bill includes the Alternative Minimum Tax (AMT) U.S. Jobs provision which will provide our companies with a strong incentive to create American jobs and to make new capital investments.

The AMT U.S. Jobs provision would allow companies who do not benefit from other similarly-designed incentives -- like bonus depreciation -- to utilize their existing AMT credits based on new investments in U.S. plants and equipment.

Thank you for your leadership in encouraging investment and job creation. We support the swift passage of H.R. 3630.

Sincerely,

 

 

American Airlines

 

 

Arch Coal

 

 

Cliffs Natural Resources

 

 

CMS Energy

 

 

General Motors

 

 

Goodyear

 

 

Owens-Illinois, Inc.

 

 

Peabody Energy

 

 

Xerox

 

 

cc:

 

The Honorable John Boehner,

 

Speaker of the House of Representatives

 

 

The Honorable Eric Cantor,

 

Majority Leader of the House of Representatives
DOCUMENT ATTRIBUTES
  • Institutional Authors
    American Airlines
    Arch Coal
    Cliffs Natural Resources
    CMS Energy
    General Motors
    Goodyear
    Owen-Illinois Inc.
    Peabody Energy
    Xerox
  • Cross-Reference
    For H.R. 3630, see Doc 2011-25914 or 2011 TNT 238-82 2011 TNT 238-82: Proposed Legislation.
  • Code Sections
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2011-26167
  • Tax Analysts Electronic Citation
    2011 TNT 240-29
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