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Barr said a recent outbound reform draft with Senate feedback included a provision to delay the full implementation of the Corporate Transparency Act.

Beneficial ownership delay in the mix of outbound talks

The congressional push to restrict U.S. investment in China now includes a Senate Republican effort to delay the implementation of new beneficial ownership requirements.

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The Tax Cuts and Jobs Act gave families $1,500 yearly, boosted small businesses, and strengthened U.S. competitiveness. Allowing it to expire would jeopardize this progress. Congress: Renew the TCJA to secure growth and prosperity for all.

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