GLOBAL BUSINESS ALLIANCE

TAX · Taxation/Internal Revenue Code

- Issues relating to corporate tax reform's impact on the competitiveness of the United States as a location for foreign direct investment. - Issues related to guidance and implementation of certain provisions in the Inflation Reduction Act including the new stock buyback excise tax and corporate AMT provisions. - Issues related to alignment with the OECD relating to a 15% global rate and other OECD developments. - Issues relating to 163(j) changes effective in 2022. - Issues relating to Section 174 the Research & Development expensing. - Issues relating to upcoming changes to Section 168(k) bonus depreciation. - Issues relating to the Tax Relief for American Families and Workers Act (H.R. 7024) - Issues relating to the Unfair Tax Prevention Act (H.R. 2423) - Issues related to the One Big Beautiful Bill Act (H.R. 1)

Literal federal measure citations: H.R. 7024, H.R. 2423, H.R. 1

ECN · Economics/Economic Development

- Issues relating to promoting and the ability of the United States to compete for foreign direct investment. - Activities related to promoting the benefits of foreign direct investment directly to the Executive Branch. - Activities related to promoting the Global Investment in American Jobs Caucus in the U.S. House of Representatives and U.S. Senate.

GOV · Government Issues

- Issues relating to the ability of U.S. subsidiaries to compete for government contracts. - Issues relating to the Committee on Foreign Investment in the United States (CFIUS) and potential changes to CFIUS authority to review certain transactions and its impact on the ability of the United States to attract foreign investment. - Issues relating to export control reform and outbound investment reviews. - Issues relating to the Foreign Agents Registration Act (FARA) including the Lobbying Disclosure Improvement Act (S. 264). - Issues relating to the implementation of semiconductor manufacturing grants.

Literal federal measure citations: S. 264

TRD · Trade (domestic/foreign)

- Issues related to the Section 301 tariffs. - Issues related to the Section 232 tariffs. - Issues related to reciprocal tariffs under International Economic Emergency Powers Act.