GLOBAL BUSINESS ALLIANCE

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.

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 Section 174 Research & Development expensing. - Issues related to the One Big Beautiful Bill Act (H.R. 1). - Issues related to the Base Erosion Anti-Abuse Tax - Issues related to H.R.1911: To amend the Internal Revenue Code of 1986 to provide that certain payments to foreign related parties subject to sufficient foreign tax are not treated as base erosion payments.

Literal federal measure citations: H.R. 1, H.R.1911

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).

Literal federal measure citations: S. 264