Global Business Alliance

International companies operating in the U.S. support America's #workforce. New Bureau of Economic Analysis data show that these companies employ 8.35 million American workers, a 7 percent increase from the previous year. #FDIintheUSA Learn more: https://lnkd.in/eFbfrqEZ

Thank you to Deloitte's Jonathan Traub and Alexander Brosseau for speaking with our member companies' tax executives. As we prepare for 2025, it was invaluable to hear their insights on the upcoming tax challenges and opportunities that lie ahead.

International companies are bridging the skills gap and shaping America's future #workforce through best-in-class #apprenticeships and hands-on training opportunities. By investing in these initiatives, they're not only building talent pipelines but empowering American workers with the skills needed.

GBA is thrilled to announce that Kevin Klein is rejoining GBA as our Senior Vice President, Head of Government Affairs! Kevin is no stranger to GBA, having previously led our tax and trade policy portfolio from 2019 to 2021 before taking on global roles at Volvo Group, K&L Gates, and Aptiv. As we look ahead to 2025, Kevin’s extensive experience, deep understanding of our mission and knowledge of our members makes him the perfect leader to guide our state and federal advocacy efforts. We’re excited to continue building on the success of GBA as we enter this new year. Join us in welcoming Kevin back to the team!

As GBA's 2024 Fall Tax Conference comes to a close, we will continue to prepare for the 2025 tax legislative agenda. Our member companies' top tax executives are grateful to Nick Molling, Tax Counsel for Senator Bill Cassidy's Office, for his insights. This conference would not have been such a success without the support from our co-chairs, Atikah Arifin (Panasonic North America) and John Dostert (Volvo Group), as well as our sponsors, Baker McKenzie and KPMG.

GBA's 2024 Fall Tax Conference is in full swing, bringing together top tax executives from our member companies for insights and discussions. The group appreciated hearing from Scott Levine, the U.S. Department of the Treasury’s Acting Deputy Assistant Secretary (International Tax Affairs). Thank you to our co-chairs, Atikah Arifin, VP of Tax at Panasonic North America, and John Dostert, VP of Tax at Volvo Group, as well as to our sponsors, Baker McKenzie and KPMG, for their support.

All November, GBA will celebrate the impact of #apprenticeships and #workforcedevelopment initiatives at international companies in the U.S. By sharing their world-class expertise, these global businesses are helping to build a stronger, skilled American #workforce. Be sure to follow along this month for a closer look at the specific programs they’re implementing.

#DYK that more than 50 percent of all #FDI in the U.S. comes from Europe? At today's Washington International Trade Association (WITA) forum, Jonathan Samford, GBA's EVP and incoming president & CEO, discussed the importance of the U.S.-EU trade and investment partnership, stressing the need for cooperation and coordination with America's friends and allies. Moderated by Penny Naas from the German Marshall Fund of the United States, the panel also featured former Assistant U.S. Trade Representative Dan Mullaney, Marco Margheri with Eni, and Lisa Schroeter from Dow. Thank you to WITA for the opportunity to share GBA's perspective.

In a letter to U.S. House Committee on Ways & Means Chairman Smith and Tax Subcommittee Chairman Kelly, GBA's president and CEO, Nancy McLernon, calls on Congress to implement tax policies that drive economic growth and investment in the U.S. in 2025. Read the full letter here: https://lnkd.in/g7i2M86J

Hard to believe that 35 years went by just like that! But it did. Pretty crazy that I’m at that age where I say things like, “When I started out, we didn’t have email. We had to print out our membership memos, put them in individually addressed envelopes, and mail them off using a sponge to adhere the stamps!” Thanks CEO Update for the shoutout & opportunity to reflect.