The U.S. Congressional Research Services (CRS) has published an updated report dated 11 June 2021 on Corporate Tax Reform: Issues for Congress. The report summary is as follows: --- Corporate Tax Reform: Issues for Congress In 2017, the corporate tax rate was cut from 35% to 21%, major changes were made in the international tax system, and changes were made in other corporate provisions, including allowing expensing (an immediate deduction) for equipment investment. Recently, proposals have been made to increase revenue from corporate taxes, including an increased tax rate, and revise the international tax provisions to raise revenue. These revenues...