The PACE coalition is dedicated to promoting and increasing the more than 63 million American jobs that depend on the international competitiveness of worldwide American companies. The ability of these companies to stem job losses in the United States and eventually 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 maintain 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 worldwide American companies are a key generator of jobs for America’s workers. They employ nearly 22 million U.S. workers, more than 19 percent of the total U.S. private-sector workforce.
  
  
• Higher productivity of worldwide American companies leads to higher wages for American workers. They pay U.S. workers wages that are 24 percent higher than average U.S. private-sector wages.
  
  
• 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.
  
  
• 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 2,434 worldwide companies support substantial employment and econmoic output. Learn how worldwide American companies in your state contribute to its economy.
Click Here for State-by-State Facts

Japan’s Rate Drop Puts U.S. at Top of Corporate Tax Rankings

U.S. corporations are pointing to the country’s new status as the major economy with the highest statutory corporate tax rate as a reason for overhauling the tax code and cutting the rate. Japan reduced its rate, effective this month, putting that country’s statutory tax rate at 38.01 percent, according to the Tax Foundation, a Washington group that favors a broader tax base and lower rates. The U.S. rate, including state and local income taxes, is 39.2 percent.

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• 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:	U.S. companies invest abroad to lower the cost of providing goods to U.S. consumers.
Fact:	Worldwide American companies invest abroad primarily to penetrate foreign markets, which represent 95% of the world’s population and more than 75% of the world’s purchasing power.