The PACE coalition is dedicated to promoting and increasing the more than 71 million American jobs that depend on the international competitiveness of globally engaged American companies. The ability of these companies to return to hiring more American workers depends on the health and vitality of their worldwide operations. To ensure American competitiveness, PACE advocates that the United States provide a level playing field for taxation of international operations and not act unilaterally to disadvantage U.S. companies.

It's About Fair Tax Treatment and U.S. Jobs

• The U.S. parent companies of globally engaged American companies are a key generator of jobs for America's workers. They employ nearly 23 million U.S. workers, more than 20 percent of the total U.S. private-sector workforce.
  
  
• Higher productivity of globally engaged American companies leads to higher wages for American workers. They pay U.S. workers wages that are 30 percent above the average for the rest of the private sector.
  
  
• 95 percent of the world's consumers live outside of the United States. For U.S. companies to serve these markets and increase jobs in the United States, they must be able to compete internationally on a level playing field.
  
  
• Current provisions in U.S. tax law enable U.S.-based companies to remain internationally competitive, despite a U.S. tax rate that is among the highest in the world.
  
  

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Facts About Tax

U.S. tax rules significantly affect the ability of American companies to compete in foreign markets. These rules include a provision known as "deferral," which is a key pro-competitive international tax rule for American companies. Click Here to Learn More

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State-by-State Facts

America's 2,302 globally engaged companies are a critical engine of economic growth and source of employment in America. Learn how globally engaged U.S. companies contribute to their state economies.
Click Here for State-by-State Facts

PACE Coalition: Administration’s Punitive International Tax Proposals Would Shrink Global Businesses, Diminish Economic Growth

Representing thousands of American employers, the PACE Coalition issued a statement on the international tax proposals contained in the Obama Administration’s FY 2016 Budget.

Click here to read the statement.

• Corporate Taxes: We're #1!
• Corporate Taxes: Comparing Effective Rates
• Corporate Taxes: Advantages of a Territorial System
• Corporate Taxes: Falling Behind by Standing Still
• Corporate Taxes: Winning

*Videos produced by the Tax Foundation

Myth:	Deferral erodes the U.S. tax base.
Fact:	Deferral supports U.S. economic competitiveness by maintaining a measure of comparability between the taxes paid by globally engaged American companies and foreign-based international companies on their foreign operations.