CFOs: simpler tax code, please.

PositionIRS NEWS

Most finance execs have a united voice when it comes to changing the corporate tax code, according to a Duke University/CFO Magazine Global Business Outlook Survey. Nearly half of the 494 U.S. finance executives surveyed said the U.S. corporate tax system needs an overhaul; an additional 47 percent said the system "has some Haws and needs some reforms." Other survey findings:

* 6 percent said the system works reasonably well.

* 71 percent would give up existing exemptions and credits in...

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