Rewriting the Tax Laws.

The article focuses on the revision of the Internal Revenue Code in the U.S. It states that the revision was pushed by the House Ways & Means Committee, and is considered to have a direct effect on businessmen. It mentions the four changes that the revision will bring, such as the aim to ensure the equal treatment of taxpayers and the end of loopholes in tax laws. It adds that the committee also pushed the new rules on depreciation to be made by the Internal Revenue Service (IRS).