Organization for International Investment– diplomatic briefing
The Trade Council participated in a briefing on issues impacting U.S. Subsidiaries of Foreign Companies on Friday November 6th. The Trade Council regularly monitors the latest developments and tendencies so as best to provide proper council for its customers – not least the member companies of ADBC.
OFII works to ensure non-discriminatory treatment of U.S. subsidiaries of global companies by identifying problematic bills and leading efforts to defeat these measures. OFII’s state work generally covers two different types of proposals: those that would impose extraterritorial double taxation or mandate domestic content requirements in state procurement markets. Defeating these bills keeps states attractive to the Foreign Direct Investment. In addition, OFII educates lawmakers about FDI’s economic benefits and is a resource to state officials in their global business recruitment efforts.
This particular briefing touched on several important subjects, among them, tax implications for foreign subsidiaries, developing tendencies on the Transatlantic Trade and Investment Partnership and Trans Pacific Partnership, which are subjects the Trade Council Denmark in the U.S often encounter when advising companies.
For more information on OFII’s work, please visit: http://www.ofii.org/