Taxation

USCIB Tax Committee Positioning:

  • USCIB’s Tax Committee specializes in multi-sector international tax policy engagement before US and foreign governments, international organizations, and other tax policy influencing bodies, such as the European Commission, the United Nations, and the OECD. USCIB is the unique US affiliate of the two leading multilateral international tax policy making institutions, the Business and Advisory Council to the OECD (BIAC) and the International Chamber of Commerce (ICC). USCIB enjoys ICC’s permanent observer status at the United Nations which includes certain meetings of the UN Committee of Tax Experts, and the UN Framework Convention on International Tax Cooperation.
  • USCIB contributes leadership and engagement to the respective BIAC and ICC tax committees. Members of the USCIB tax committee work directly with business leaders across the globe to extend the reach of our influence on policymakers in international markets that are important to US business.

Trends and Challenges Facing US Business:

  • Layers of overlapping tax rules in multijurisdictional business models, often overburdening the same revenue stream and thus increasing the risk of double taxation for business.
  • Proliferation of digital services taxes and similar extraterritorial measures targeted at digital companies in a discriminatory way against US businesses.
  • The increasing trend of greater gross revenue basis taxation and similar proposals increase the risk of double taxation and make US businesses less competitive.
  • Global tax legislation initiatives which have inherent flaws in design, adoption and implementation across too many (or too few) jurisdictions.
  • Loss of priority in the policymaking institutions for growth-driving tax policy, rulemaking, and compliance requirements.

Recent Accomplishments:

USCIB’s Response:

  • Build consensus with likeminded industry peers and organize on- and off-the-record briefings with policymakers both in the US and abroad.
  • Advise the OECD on the development and design of international taxation principles.
  • Proactively shape the development of the OECD’s guidance on the taxation of the digital economy and as proposed in Pillar One by demonstrating to policymakers that unilateral action can result in double taxation, stifle trade, and reduced growth globally.
  • Actively monitor and comment on the work of the UN on the new Framework Convention on International Tax Cooperation and its early protocols and in the Committee of Tax Experts.
  • Support enactment of foreign tax simplification provisions in the Internal Revenue Code that would significantly reduce the burden of complexity for U.S. companies and enhance their international competitiveness.
  • Organize the annual OECD-USCIB conference in Washington, DC for the unique opportunity for the US business community to interact with US Treasury officials, key leadership and representatives from the OECD Center for Tax Policy and Administration (CTPA) and tax officials from key foreign jurisdictions.

USCIB on LinkedIn

Chair

John A. Stowell
Head of Global Tax and International Financial Reporting
The Walt Disney Company

Vice Chairs

Jocelyn Krabbenschmidt
International Tax Director
Apple Inc.

Carolina Perez-Lopez
VP Global Tax Planning and Tax Counsel
Johnson & Johnson

Tom Roesser
Senior Director, Tax Affairs
Microsoft Corporation

Vice Chairs

Erik Rosenfeld
VP Taxes, North America
Procter & Gamble

Daniel Smith
Director, International Tax Planning & Policy
Google Inc.

Lennaert ten Cate
SVP Tax
PepsiCo Inc.

Wendy Unglaub
VP, Chief Tax Officer, and Principal Tax Counsel
General Mills

Vice Chairs

Jason Weinstein
Vice President, Tax, North America
Amazon

Chad J. Withers
Chief Tax Officer
Caterpillar Inc.

USCIB Leadership

Rick Minor
Senior Vice President and International Tax Counsel
USCIB

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