Joint Committee on Taxation Sets CU Tax Expenditure at $14.4 Billion over Five Years "Credit News 24" | Credit News 24

Joint Committee on Taxation Sets CU Tax Expenditure at $14.4 Billion over Five Years "Credit News 24"

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Joint Committee on Taxation Sets CU Tax Expenditure at $14.4 Billion over Five Years "Credit News 24"

The Joint Committee on Taxation estimates that the tax expenditures arising from the credit union exemption from corporate income taxation will equal $14.4 billion for fiscal years 2017 through 2020.

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