Tax Facts: Worldwide American Companies Need a U.S. International Tax System That Levels the Playing Field and Keeps America Competitive

Current U.S. international tax rules were designed to keep America’s worldwide companies competitive – despite a U.S. corporate tax rate that is now among the highest in the world.
  • Proposed revisions in how the United States taxes its worldwide companies would result in nearly $200 billion in new taxes – putting U.S. companies at a distinct disadvantage.


  

  • 95% 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.

Facts about Deferral
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
Did You Know?
Myth: U.S. companies operate abroad primarily in low-wage countries.
Fact: Worldwide American companies invest primarily in the foreign markets they seek to serve. U.S. Department of Commerce data show that 79% of the production of all U.S. foreign affiliates took place in high-income foreign countries and 90% of the production of newly acquired or established foreign affiliates was in high-income countries.