FOR IMMEDIATE RELEASE

Contact:

Jenna Weisbord, 310-995-0839

jweisbord@franchise.org

@franchising411

IFA Applauds Congress for Passing 2018 Budget and Paving Way for Tax Reform

WASHINGTON, Oct. 26— International Franchise Association Senior Vice President of Government Relations and Public Affairs Matt Haller issued the following statement applauding the House and Senate for completing the budget reconciliation process and paving the way for Congress to deliver historic tax reform:

“We appreciate the work of Congressional leaders for passing the 2018 budget resolution which paves the way toward tax reform for Americas 733,000 franchise owners and nearly 8 million workers. Putting more money in Americans pocketbooks will help the economy grow at a higher rate for generations to come. With more money in their pockets, business owners can hire more employees, expand operations, open more locations, and give more back to their communities.

“We look forward to working with congressional leaders to ensure franchise small businesses see lower effective tax rates as part of tax reform that will allow them to remain competitive and realize untapped economic growth.”

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About the International Franchise Association

Celebrating 56 years of excellence, education and advocacy, the International Franchise Association is the world’s oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations and educational programs to protect, enhance and promote franchising and the more than 733,000 franchise establishments that support nearly 7.6 million direct jobs, $674.3 billion of economic output for the U.S. economy and 2.5 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 different business format categories, individual franchisees and companies that support the industry in marketing, law, technology and business development.