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You are here: Home / News / Auto Care Association, Auto Manufacturers Applaud Removal of Border Adjustment Tax from Reform

Auto Care Association, Auto Manufacturers Applaud Removal of Border Adjustment Tax from Reform

July 31, 2017 By CollisionWeek Editor

The Auto Care Association is pleased and relieved to see that the tax reform framework negotiated by House Speaker Paul Ryan (R-WI), Senate Majority Leader Mitch McConnell (R-KY), Treasury Secretary Steven Mnuchin, National Economic Council Director Gary Cohn, Senate Finance Committee Chairman Orrin Hatch (R-UT), and House Ways and Means Committee Chairman Kevin Brady (R-TX), and announced July 27, has removed the border adjustment tax (BAT) from consideration.

Auto Care Association “This is great news for our members and the $360B auto care industry”, said Bill Hanvey, president and CEO of the Auto Care Association. “I want to thank those members who tackled

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Filed Under: News Tagged With: legislation, Tax

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