Why AT&T's CFO is hoping Congress will extend Trump's corporate tax cuts

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Why AT&T's CFO is hoping Congress will extend Trump's corporate tax cuts

//business-finance.news-articles.net/content/202 .. ress-will-extend-trump-s-corporate-tax-cuts.html

Published in Business and Finance on Tuesday, May 27th 2025 at 11:00 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The Tax Cuts and Jobs Act factors into how companies are determining future planning.

AT&T's CFO, Pascal Desroches, is advocating for the extension of the corporate tax cuts initially implemented during the Trump administration, set to expire in 2025, as he believes their expiration could negatively impact the company's financial strategy and investment plans. In an interview with Fortune, Desroches emphasized that the tax cuts have been beneficial for AT&T, enabling the company to reinvest in its infrastructure and technology, which is crucial for staying competitive in the rapidly evolving telecommunications industry. He expressed hope that Congress would consider the broader economic implications and the potential for reduced business investment if the tax rates revert to their previous levels, highlighting the importance of a stable and favorable tax environment for corporate growth and innovation.

Read the Full Fortune Article at:
[ https://fortune.com/2025/02/28/why-att-cfo-hoping-congress-extend-trump-corporate-tax-cuts/ ]