Fact check: What are the specific tax deductions in the big beautiful bill for large corporations?

1. Summary of the results

Based on the analyses provided, the One Big Beautiful Bill contains several specific tax provisions for large corporations, though the sources vary in their level of detail:

Key Corporate Tax Deductions Identified:

• Permanent restoration of 100% bonus depreciation - allowing corporations to immediately deduct the full cost of qualifying business investments ^[1]
• Expansion of business interest deduction - providing greater ability for corporations to deduct interest expenses ^{[1] [2]}
• New Section 199A qualified business income provisions - expanding deductions for pass-through entities and certain business income ^[1]

The Tax Foundation analysis specifically notes these provisions as part of the bill's effects on businesses ^[1]. Stinson LLP's legal analysis confirms the expansion of business tax provisions, highlighting the restoration of bonus depreciation and business interest deduction expansion as key components ^[2].

However, multiple government sources provide limited corporate-specific details. The IRS sources focus primarily on individual tax provisions like "No Tax on Tips," "No Tax on Overtime," and deductions for seniors, without elaborating on corporate benefits ^{[3] [4]}. The White House and Senate Finance Committee sources similarly emphasize individual and small business relief while mentioning "Made in America tax breaks" and "pro-growth tax policy" without specific corporate deduction details ^{[5] [6]}.

2. Missing context/alternative viewpoints

The analyses reveal significant gaps in publicly available information about corporate tax benefits. While individual tax provisions are extensively detailed across government sources, large corporation deductions receive minimal specific coverage in official communications ^{[3] [4] [7]}.

Who benefits from different narratives:

• Large corporations and business lobbying groups benefit from the bonus depreciation and business interest deduction expansions, as these provisions can result in substantial tax savings for capital-intensive businesses
• Political leaders benefit from emphasizing individual tax relief (tips, overtime, seniors) in public messaging while downplaying corporate benefits that may be less popular with voters
• Tax preparation and advisory firms like those behind the detailed analyses ^{[1] [2]} benefit from the complexity of these provisions, which increases demand for professional tax services

The timing and scope of these provisions also lacks clarity in most sources. Only one analysis mentions the temporary nature of some tax breaks and their potential impact on tax planning strategies like Roth conversions ^[8].

3. Potential misinformation/bias in the original statement

The original question assumes the existence of "specific tax deductions in the big beautiful bill for large corporations" without acknowledging that official government sources provide limited transparency on these corporate provisions. This framing could be misleading because:

• Government sources deliberately emphasize individual benefits over corporate ones, suggesting a strategic communication approach ^{[3] [4] [7]}
• The question implies comprehensive corporate deductions exist when the available evidence shows most detailed corporate tax information comes from private sector analyses rather than official government disclosures ^{[1] [2]}
• The phrasing "big beautiful bill" adopts political branding language that may obscure objective analysis of the legislation's actual provisions

The disparity between detailed individual tax provisions and vague corporate benefits in official sources suggests potential bias in how the legislation is being presented to the public, with corporate benefits receiving less transparent treatment despite their significant fiscal impact.