Tax Policy Forecast 2008, By Miller & Chevalier

Washington, D.C., tax firm Miller & Chevalier released results of a tax survey designed to measure the current perpsective and attitudes of leading corporate tax executives on the direction of tax policy in 2008.
Survey respondents comprise a broad cross-section of tax executives in large U.S.-based corporations, foreign-based multinationals and major trade associations, who "increasingly believe they are losing ground in competing with foreign-based companies -- and also believe their situation could get worse because the IRS is likely to become more aggressive in its examination of their U.S. tax returns -- in the area of their biggest concern, the management of their effective tax rate.

Longer-term, the respondents are calling for greater simplification, a lower corporate tax rate and international tax policies that will help their companies stay more competitive in the global business environment.

The survey is available here.