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.
“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