• Bloomberg: McLernon: Focus on U.S. Tax Code Fix, Not Inversions
    President & CEO Discusses How Treasury's Regulations Could Chill FDI
  • Europe Groups Fear Being Caught in US Tax Crackdown
    Multinationals Hope To Prevent Becoming Unintended Targets Of Anti-Inversion Legislation
  • Red Tape and Retroactively Raising Taxes Won’t Create Jobs
    Thoughts On The Proposed Corporate Inverters Earnings Stripping Reform Act
  • ‘Inversion Fixes’ Must Not Threaten Foreign Investment
    OFII Applauds Secretary Lew For Recognizing The Importance Of FDI
  • The Hill: US Tax System Is A Global Punchline
    Nancy McLernon Cautions Policymakers Against Legislation That Would Inadvertently Hurt FDI
  • WSJ: Firms Warn Inversion Crackdown Carries Risks
    Foreign-Owned Companies Cite Possible Cuts in US Jobs, Investment

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    McLernon: Focus on U.S. Tax Code Fix, Not Inversions (Video)

    Bloomberg

    Nancy McLernon, chief executive officer of the Organization for International Investment, talks about the U.S. Treasury Department's move to make it harder for U.S. companies to shift their addresses overseas to reduce their taxes in a practice known as inversions. McLernon speaks with Olivia Sterns on Bloomberg Television's "In the Loop."

    Watch Now

    Samsung May Launch First Tizen Phone in India

    ABC News

    Samsung’s first Tizen-based device will be launched in November in India because of its slowdown in emerging market smartphone sales in India. Just within the second quarter of this year, Samsung was beaten by Xiaomi in smartphone sales in China, and was beaten by Micromax in India. 

    Read the full article HERE

    Press Releases

    Red Tape and Retroactively Raising Taxes Won’t Create Jobs

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in response to Senator Charles Schumer’s introduction of the Corporate Inverters Earnings Stripping Reform Act, intended to curb corporate expatriations:

    ‘Inversion Fixes’ Must Not Threaten Foreign Investment

    OFII applauds Secretary Lew for recognizing the importance of foreign investment

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in response to U.S. Secretary of Treasury Jack Lew’s comments this morning regarding efforts to curb corporate expatriations:                               

    So-Called ‘Inversion’ Fixes Threaten Foreign Investment

    OFII urges caution in efforts to limit corporate inversions so that historic foreign companies are not inadvertently impacted

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement after sending comments to the Senate Finance Committee regarding legislation intended to curb corporate expatriations:

    Tax Treaties Will Attract Greater Global Investment

    McLernon applauds Senate Foreign Relations Committee’s action on bilateral tax treaties

    WASHINGTON – Nancy McLernon, President and CEO of the Organization for International Investment (OFII), issued the following statement after the U.S. Senate Committee on Foreign Relations passed bilateral tax treaties with Spain and Poland:

    In the News

    McLernon: Focus on U.S. Tax Code Fix, Not Inversions (Video)

    Bloomberg

    Nancy McLernon, chief executive officer of the Organization for International Investment, talks about the U.S. Treasury Department's move to make it harder for U.S. companies to shift their addresses overseas to reduce their taxes in a practice known as inversions. McLernon speaks with Olivia Sterns on Bloomberg Television's "In the Loop."

    Watch Now

    Samsung May Launch First Tizen Phone in India

    ABC News

    Samsung’s first Tizen-based device will be launched in November in India because of its slowdown in emerging market smartphone sales in India. Just within the second quarter of this year, Samsung was beaten by Xiaomi in smartphone sales in China, and was beaten by Micromax in India. 

    Read the full article HERE

    E-Newsletter

    The 'Inversion' Diversion

    The recent spate of so-called corporate “inversions” – where an American company relocates its global headquarters to another country through a purchase of a foreign company – is the latest political diversion from policies that will make America more economically competitive.  Ostensibly, these inversion deals are undertaken to lower a company’s tax burden.  However, Washington’s response to-date will not only have little impact on such transactions, 

    Updates on Tax Treaties, AGI Caucus and CFIUS Ruling

    On Wednesday, the U.S. Senate Committee on Foreign Relations favorably marked-up bilateral tax treaties with Spain and Poland. Bilateral tax treaties and protocols are extremely important in promoting a competitive environment for foreign investment in the United States. Movement on these two treaties signal that the United States is serious about creating jobs here at home by welcoming investment from abroad. The Senate must act quickly to ratify these treaties, as well as others that are awaiting Floor action, including treaties with Chile, Hungary, Luxembourg and Switzerland.

    News on Global Investment in the United States

    New Caucus on Global Investment to Launch This Week

    Have you heard about what’s happening in Congress this Thursday?  The recently launched American Global Investment Caucus will be hosting its inaugural briefing on Thursday, July 10 at 1:30 p.m. in the Rayburn House Office Building (room B-318). This is the only caucus in Congress exclusively dedicated to promoting global investment in the United States.