A compromise budget mid-figue mi-raisin for companies US

WASHINGTON (Reuters) - The compromise that allowed the United States to avoid the "wall budget" only partially meets the expectations of U.S. companies on taxation, including leaving open the question a significant reduction in the budget deficit and dette.

The agreement endorsed by the House of Representatives allows companies to gain greater visibility in the short term, as it will enable them to benefit from $ 46 billion tax credit .

The text contains a long list of such companies "Corporate America" ​​who will benefit from tax exemptions for one year supplémentaire.

The popular tax credit for research and development has been extended in 2013, and that the measure allows companies to immediately clear their balance sheets half of their new investissements.

The budget compromise also includes a series of measures for companies in certain industries, including tax credits for the maintenance of railways, restaurants and distributors, auto, film and television or the manufacture of rum in Puerto Rico.

production of wind energy and other renewables also enjoys tax avantageuses.

"This agreement is probably not perfect for everyone, but it gives American businesses and consumers the assurances they need to forget their concern," said Matthew Shay, director of the National Federation of the distribution.

Washington lobbyists, however, have no need to worry: they will not fail to work in the coming months, as the agreement is silent on issues as serious deficit reduction budgétaire.

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The agreement merely postpone any decision two months on federal budget cuts, which could have the effect, according to analysts, to create a new "fiscal Wall" at the end février.

This is a setback for Corporate America, which spent millions of dollars lobbying in recent months to encourage members of Congress to adopt measures to reduce debt pays.

The agreement does not resolve the matter further system taxation of profits earned abroad by U.S. multinationals. These have been demanding for the last time the establishment of a "territorial system" that would allow them to repatriate their profits in the United States without paying tax .

The White House, however, felt in his presentation of the agreement that it left a margin for maneuver "substantial" to "reform the corporate tax" and reduce the corporate tax to the U.S. make them more competitive against rivals from other countries industrialisés.

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into one another, this agreement is so "well above this qu'espéraient" businesses, Judge Chris Krueger, an analyst at Guggenheim Partners.

Those at the other end of the spectrum, argued for the abandonment of certain tax benefits also many reasons to criticize the agreement .

It does not, for example the removal of tax credits that benefit producers of oil and gas or the leaders of private equity funds and hedge funds ("Hedge Funds") .

Similarly, the symbolic proposal Obama put an end to an accounting advantageous purchases of business aircraft has been left côté.

For some as for others, the site of the U.S. tax code reform remains unsolved. And there is no evidence that it will end in 2013.

Tangi Salaün for the French service, edited by Veronique Tison