CEO of ICC Finland Talks US-Europe With USCIB Washington Team

L-R: Meghan Giblin, Barbara Wanner, Eva Hampl, Timo Vuori, Rob Mulligan, and Shaun Donnelly

ICC Finland’s Executive Director/CEO and Executive Vice President of the Finland Chamber of Commerce Timo Vuori met with USCIB Senior Vice President for Policy and Government Affairs Rob Mulligan and key staff members of USCIB’s Washington office on February 13.  Vuori, a longtime and influential ICC insider and a good friend of USCIB, is also a key board member of the influential “Eurochambres” continental business leadership group.

The wide-ranging discussion with USCIB staff touched on the challenging U.S.-European Union trade agenda including “232” steel and aluminum tariffs, possibly to be expanded to the automotive sector, as well as digital economy, data and tax issues, and the prospects for some sort of U.S.-EU trade negotiations. The underlying political developments on both sides of the Atlantic, including the Brexit developments were also of interest to all. The group discussed the global trade issues including China and WTO reform while touching on challenges in global customs, regulatory and investment policies. The group compared notes on developments inside the global ICC network and possibilities for promoting U.S.-Finnish trade and investment relationships.

“As usual, our USCIB assessments, priorities and concerns often closely aligned with Timo’s,” noted USCIB Vice President Shaun Donnelly.  “We very much value our close relationships with key partners in USCIB’s unique global network. ICC Finland has long been one of our closest and most reliable partners.  It was a great meeting and we very much appreciate Timo making time to meet with us.”

Vuori was in Washington as part of a Finnish business delegation to meet with the Hill, U.S. agencies and U.S. businesses like USCIB. Vuori also attended an Embassy of Finland dinner, along with USCIB Senior Director Eva Hampl. The theme of the February 12th dinner was “Competitiveness in a Globalized World” and provided an opportunity for a discussion on the impact that trade policies, global companies, technological revolution and politics have on competitiveness. The event was organized on the occasion of the Finnish Minister for Foreign Trade Anne-Mari Virolainen‘s visit to Washington DC.

Taxation

Trends and Challenges Facing U.S. Business:

  • Multiple sets of inconsistent rules that drive up costs and result in double taxation
  • The mounting political pressure to move towards changing the taxation of the digitalized economy
  • Efforts to unfairly increase the tax burden on companies

 

USCIB’s Response:

  • Engage with the OECD on the development of international taxation principles
  • Proactively shape the development of the OECD’s guidance on the taxation of the digitalized economy by demonstrating to policymakers that unilateral action can result in double taxation, decreased trade, and reduced global growth
  • Actively monitor and contribute to the work of the UN Committee of Tax Experts to ensure its alignment with the work of the OECD Tax Committee and inform policymakers of their actions’ impact on investment
  • Support enactment of foreign tax simplification provisions in the IRC that would significantly reduce the burden of complexity for U.S. companies and enhance their international competitiveness

 

Magnifying Your Voice with USCIB:

  • USCIB is the only U.S. business association formally affiliated with the world’s three largest business organizations where we work with business leaders across the globe to extend our reach to influence policymakers in key international markets to American business
  • Build consensus with like-minded industry peers and participate in off-the-record briefings with policymakers both home and abroad.

More Recent Accomplishments

News Stories

Business at OECD Committed to OECD Digital Tax Project (2/5/2019) - Business at OECD welcomed the OECD/G20 policy note on January 31 titled, Addressing the Tax Challenges of the Digitalization of
US Tax Reform One Year Later (1/14/2019) - Carol Doran Klein, USCIB vice president and international tax counsel, was featured in a new report by Freshfields Bruckhaus Deringer

Read More

Press Releases

OECD Tax Conference: Global Challenges in the Context of U.S. Tax Reform (5/2/2018) - OECD Tax Conference: Global Challenges in the Context of U.S. Tax Reform
USCIB Statement on the U.S. Election Results (11/9/2016) - USCIB congratulated Donald Trump on his election as president, saying a top priority for the new administration should be a

Read More

Chair

Bill Sample
Vice President – Tax
Microsoft Corporation

Vice Chairs

Timothy M. McDonald
Vice President, Finance & Accounting, Global Taxes
The Procter & Gamble Company

Will Morris
Deputy Global Tax Policy Leader
PwC

Staff

Carol Doran Klein
Vice President and International Tax Counsel
202-682-7376 or cdklein@uscib.org

Erin Breitenbucher
Senior Policy & Program Associate and Office Manager, Washington
202-682-7465 or ebreitenbucher@uscib.org

Subcommittees

BIAC/ICC Subcommittee

Inbound Investment Subcommittee

Legislative and Administrative Developments Subcommittee

Tax Treaties Subcommittee

Transfer Pricing Subcommittee

Working Groups

Working Group on Consumption Taxes

Working Group on the Digital Economy

Working Group on Environment and Energy Taxes

Working Group on Financial Services Issues

Working Group on Permanent Establishment Issues

 

ICC UK’s Chris Southworth Discusses Brexit Burdens in FT Letter

On February 8, the Financial Times published a timely letter from Chris Southworth, the secretary general of the International Chamber of Commerce ‘s UK national committee, on the adverse impact a “hard Brexit” could have on smaller British traders.

According to Southworth, all the excellent work to ensure port operations remain efficient post Brexit should not distract from the fact that the burden, risk and cost of new trading arrangements will be shifted upstream to companies who will have to do all the additional paperwork before their goods reach the port.

“We need the government to be a lot more honest with business. Leaving the single market will mean hard borders and new burdens,” he wrote in the letter.

To read the full letter, visit FT’s website (paid subscription required). Click here to visit ICC UK’s website.

USCIB Foundation and OECD Partner on ICT Conference

The USCIB Foundation, Inc., USCIB’s educational arm, is teaming up once again with the Organization for Economic Cooperation and Development (OECD) and Business at OECD (BIAC), to host the 1st inaugural event of The Joseph H. Alhadeff Digital Economy Conference Series on March 25, 2019 at the AT&T Forum For Technology, Entertainment & Policy in Washington, D.C.

The digital transformation of the global economy has revealed exciting potential for a more prosperous, productive, inclusive, and socially beneficial world. We need an enabling policy environment for investment and innovation, however, in order to make the most of the potential for digital transformation to improve people’s lives and generate prosperity. At the same time, we must be prepared to address how the fruits of digital innovation can create challenges to privacy, security, and the future of work.

This conference – the fourth such collaboration between USCIB, BIAC, and the OECD – will explore the findings of the OECD’s Going Digital Project, an ambitious two-year examination of how digital transformation affects policymaking across a large spectrum of policy areas. We will draw upon the expertise of the OECD Secretariat on Science, Technology, and Innovation, senior U.S. government officials, and business experts from USCIB and BIAC member companies. In particular, speakers will consider how best to secure the digital economy from ever-more sophisticated cybersecurity threats. In addition, experts will delve into both the promise and challenges of tapping the power of Artificial Intelligence (AI) and other emerging technologies.

Featured Speakers

  • David Redl
    Assistant Secretary for Communications and Information and Administrator of the National Telecommunications and Information Administration (NTIA), U.S. Department of Commerce
  • Robert Strayer
    Deputy Assistant Secretary for Cyber and International Communications and Information Policy, U.S. Department of State
  • Gail Slater
    Special Assistant to the President for Technology, Telecommunications and Cybersecurity Policy, National Economic Council, The White House
  • Andrew Wyckoff
    Director of the OECD Directorate for Science, Technology and Innovation (STI)
  • Russel Mills
    Secretary General, Business at OECD
  • Anne Carblanc
    Head of the OECD Digital Economy Policy Division (CDEP)
  • Julie Brill
    Corporate Vice President and Deputy General Counsel, Microsoft Corporation and Co-Chair, Business at OECD Committee on Digital Economy Policy (CDEP)
  • Laurent Bernat
    OECD Secretariat, OECD Global Forum on Digital Security for Prosperity
  • Molly Lesher
    OECD Secretariat, Going Digital Project

Sponsored by:

AT&T
Facebook
The Walt Disney Company
Verizon Communications
CenturyLink
Computer & Communications Industry Association

For more information, please visit the event website.

Going Digital: OECD Insights for a Changing World

REGISTRATION NOW OPEN!

Going Digital: OECD Insights for a Changing World

March 25, 2019

AT&T Forum For Technology, Entertainment & Policy

601 New Jersey Avenue NW
Washington, DC 20001

Program: 8:30am – 5:30pm

Cocktail Reception: 5:30pm – 7:00pm

Draft agenda with confirmed speakers coming soon!

The USCIB Foundation, USCIB’s educational arm, is teaming up once again with the Organization for Economic Cooperation and Development (OECD) and Business at OECD (BIAC), to host the 1st inaugural event of The Joseph H. Alhadeff Digital Economy Conference Series on March 25, 2019 at the AT&T Forum For Technology, Entertainment & Policy in Washington, D.C.

The digital transformation of the global economy has revealed exciting potential for a more prosperous, productive, inclusive, and socially beneficial world. We need an enabling policy environment for investment and innovation, however, in order to make the most of the potential for digital transformation to improve people’s lives and generate prosperity. At the same time, we must be prepared to address how the fruits of digital innovation can create challenges to privacy, security, and the future of work.

This conference – the fourth such collaboration between USCIB, BIAC, and the OECD – will explore the findings of the OECD’s Going Digital Project, an ambitious two-year examination of how digital transformation affects policymaking across a large spectrum of policy areas. We will draw upon the expertise of the OECD Secretariat on Science, Technology, and Innovation, senior U.S. government officials, and business experts from USCIB and BIAC member companies. In particular, speakers will consider how best to secure the digital economy from ever-more sophisticated cybersecurity threats. In addition, experts will delve into both the promise and challenges of tapping the power of Artificial Intelligence (AI) and other emerging technologies.

For more information, including how you can become a sponsor, please contact Erin Breitenbucher (202-682-7465 or ebreitenbucher@uscib.org).

FEATURED SPEAKERS:

David Redl

Assistant Secretary for Communications and Information and Administrator of the National Telecommunications and Information Administration (NTIA), U.S. Department of Commerce

Robert Strayer

Deputy Assistant Secretary for Cyber and International Communications and Information Policy, U.S. Department of State

Gail Slater

Special Assistant to the President for Technology, Telecommunications and Cybersecurity Policy, National Economic Council, The White House

Andrew Wyckoff

Director of the OECD Directorate for Science, Technology and Industry (STI)

Russel Mills

Secretary General, Business at OECD

Anne Carblanc

Head of the OECD Digital Economy Policy Division (CDEP)

Julie Brill

Corporate Vice President and Deputy General Counsel, Microsoft Corporation and Co-Chair, Business at OECD Committee on Digital Economy Policy (CDEP)

Laurent Bernat

OECD Secretariat, OECD Global Forum on Digital Security for Prosperity

Molly Lesher

OECD Secretariat, Going Digital Project

 

Registration Information

2017 Agenda

 

2019 Conference Sponsored by:

Gold Level:

 

Silver Level:

 

Logo_WhiteBG

Bronze Level:

Supporting Organizations:

 

Presented by:

OECD_logo

Business at OECD Logo - 2016

 

ICT Conference Registration

Registration Information

Online Registration

If you received an email invitation from USCIB to one of our events, you already have an Events Portal Account. To activate your account, go to register online and click the “Forgot Password” link to receive your password via email. Then login and register.

If your e-mail address is not recognized, you will have to create an account with USCIB, by filling out the Online Events Registration Login Request form.

Click here to register online.

Please contact Erin Breitenbucher at 202-682-7465 or ebreitenbucher@uscib.org if you experience problems registering online. 

Registration Form

If you prefer register by fax, email or standard mail, please click here to fill out the registration form.

Confirmation emails are sent to registrants shortly after the registration has been processed.  If you think you have registered but have not received a confirmation email, please contact Ms. Erin Breitenbucher at 202-682-7465 or ebreitenbucher@uscib.org to confirm that your registration has been processed

 

Conference Website

ICC Secretary General Meets With USCIB Members, Staff

John Denton

John Denton, the Australian lawyer and diplomat who last year took the reins as secretary general of the International Chamber of Commerce (ICC), the world business organization that serves as the linchpin of USCIB’s global network, met with USCIB members and staff during a visit to New York in early February.

Leading representatives of USCIB member companies from a variety of industries, and reflecting a wide spectrum of expertise across USCIB’s various policy committees, gathered in USCIB’s New York and Washington, D.C. offices. Joined by video conference, they provided the ICC secretary general with their views and priorities across multiple practice areas. Denton took advantage of the opportunity to compare notes on a variety of global economic and business challenges, and laid out his efforts to streamline and re-imagine ICC’s vision, structure and services.

Denton was elected to head the secretariat of the Paris-based ICC in March of last year. A legal expert and adviser on global policy, international trade and investment and infrastructure, Denton previously served on ICC’s Executive Board and, in 2016, became the first Australian to hold the position of first vice chair of ICC.

 

USCIB Participates in Business Coalition Fly-in on China Tariffs  

USCIB Senior Director Eva Hampl participated in the Fly-In organized by Tariffs Hurt the Heartland the nationwide campaign against tariffs, combining the efforts of Farmers for Free Trade and Americans for Free Trade, of which USCIB is a member. Groups of representatives from associations and companies covered over 150 meetings with Senate and House offices from both sides of the aisle over February 6-7.

“There is general concern about the tariff actions, with many members of Congress having signed on to letters either on the section 232 tariffs or on the section 301 exclusion process,” stated Hampl. “However, there is also still a lot of apprehension about publicly pushing back against the President’s actions on tariffs. To those who expressed a desire to wait and see what happens on March 1 – the deadline for reaching a deal with China, to prevent tariffs on $200 billion worth of Chinese imports increasing from 10% to 25% — we repeatedly made the point that the time to act is now, as the damage to US industry and consumers increases with every day these tariffs are in place.”

To underline these points, a new study launched showed that in the event that tariffs of 25% go into effect on March 2 on List 3, combined with various other tariffs and retaliation already in place, the net impact on U.S. jobs will be over 900,000 and the annual impact on a family of four over $750. For the complete study, please click here.

There are two pieces of legislation that were introduced in in the Senate the week of February 4, both of which have House companion bills: (1) the Bicameral Congressional Trade Authority Act and (2) the Trade Security Act. Both attempt to push back against the President’s authority on tariff actions.

United States Trade Representative Robert Lighthizer and U.S. Secretary of the Treasury Steven Mnuchin will travel to Beijing for principal-level meetings on February 14 and 15, and these meetings will be preceded by deputy-level negotiations beginning on Monday, February 11.

 

2019 OECD Tax Conference

Save the Date!

The 2019 OECD International Tax Conference, June 3-4

Four Seasons Hotel, Washington

This annual conference provides a unique opportunity for the U.S. business community to interact with key representatives from the OECD Centre for Tax Policy and Administration to discuss the latest developments in international taxation.  At last year’s conference, Kevin Hassett, Chairman of The Council of Economic Advisors, delivered keynote remarks. Other senior tax officials from the U.S. and other key countries involved in the OECD’s international tax work participated on panels covering the latest developments in the taxation of multinational enterprises including tax treaties, transfer pricing, the work of the Task Force on the Digital Economy, dispute resolution and more.

For more information, please contact Erin Breitenbucher (202-682-7465 or ebreitenbucher@uscib.org).

2018 Final Agenda

2018 Speaker Biographies

2018 Photos

2018 Featured Speakers:

  • Kevin Hassett – Chairman, Council of Economic Advisors, Executive Office of the President
  • Pascal Saint-Amans – Director of the Center for Tax Policy & Administration, OECD
  • Grace Perez-Navarro – Deputy Director, OECD Centre for Tax Policy and Administration
  • Martin Kreienbaum – Director General, International Taxation, Federal Ministry of Finance, Germany
  • Brian Ernewein – General Director (Legislation), Tax Policy Branch, Department of Finance, Canada
  • Mike Williams – Director, Business and International Tax, HM Treasury
  • Lafayette (Chip) G. Harter – Deputy Assistant Secretary (International Tax Affairs), U.S. Treasury
  • Doug O’Donnell – Commissioner, Large Business and International (LB&I) Division, IRS
  • Achim Pross – Head of International Cooperation and Tax Administration, OECD
  • Tomas Balco – Head of the Transfer Pricing Unit, CTPA, OECD
  • Sophie Chatel – Head of the Tax Treaty Unit, CTPA, OECD
  • Michael Graetz – Professor of Tax Law, Columbia Law School
  • Will Morris – Chairman, BIAC Committee on Taxation and Fiscal Affairs
  • Bill Sample – Chairman, USCIB Tax Committee; Vice Chair, BIAC Committee on Taxation and Fiscal Affairs
  • Other Senior Treasury and Foreign Tax Policy Officials

More on USCIB’s Taxation Committee

2018 Sponsors:

EY_Logo

 

PWC

 

 

Print

Black Deloitte Logo

exxonmobil

 

 

For information on how to become a sponsor, please contact Abby Shapiro (617-515-8492 or ashapiro@uscib.org). 

 

Presented by:

USCIB logo

OECD

Business at OECD Logo - 2016

In association with:

IFA Logo
ITPF
NFTC logo
Organization for International Investment

Tax Executives Institute, Inc.

Tariffs Hurt the Heartland Group Warns of Impacts on Economy

USCIB Senior Director Eva Hampl will be taking part in a “Tariffs Hurt the Heartland” fly-in on Capitol Hill February 6-7. This fly-in is organized by a broad coalition of business groups that warned about the detrimental impacts of tariffs on Chinese imports on the U.S. economy in a recent press release. Tariffs Hurt the Heartland is the nationwide, non-partisan campaign opposing tariffs that is supported by over 150 trade associations from every industry, including USCIB.

The press release emphasized that new auto tariffs and tariffs on all Chinese imports would lead to 2.2 million job losses, cost the average family over $2,300 and reduce GDP by over 1%. Moreover American workers will lose nearly one million U.S. jobs if tariffs rise to 25 percent on March 1.

The report, which served as the basis for the press release, was prepared by Trade Partnership Worldwide LLC.