Precipice: How SHIELD Imperils the OECD Pillar II Framework and America’s Economic Advantage
September 22, 2021
Taking action now on a proposal that is significantly more burdensome than the approach being developed in the global effort would be harmful to the foreign multinationals that have established business operations in the United States and would create a substantial barrier to further investment in the United States. The United States should not put itself at a disadvantage by getting head of the rest of the world on what is intended to be a coordinated approach to achieving a level playing field for business activity in today’s global economy.
After 30 years, the Organization for International Investment (OFII) is now the Global Business Alliance. We remain dedicated to promoting and defending a fair economy that welcomes international companies to invest in America.
When America is open for business, we all benefit.