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What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

More Than Leaders. Leadership.

Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.

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Business Roundtable, an association of chief executive officers who lead companies that operate in every sector of the U.S. economy, appreciates the opportunity to submit this statement for consideration by the Subcommittee on the Efficiency and Effectiveness of Federal Programs and the Federal Workforce.

Business Roundtable appreciates this opportunity to provide comments on the two staff discussion drafts released by Chairman Baucus of the Senate Finance Committee pertaining to international tax reform and cost recovery and tax accounting.

This letter provides comments in response to two separate notices of proposed rulemakings, published on September 9, 2013, which are the "Information Reporting of Minimum Essential Coverage" that involves reporting requirements under Section 6055 of the Internal Revenue Code (IRC)

Chairman Rogers, I commend you, Ranking Member Ruppersberger, and the distinguished members of this Committee for your continued focus on our nation’s cybersecurity preparedness. We applaud you for reintroducing the Cyber Intelligence Sharing and Protection Act (CISPA), which the Business Roundtable supported last year. We highly encourage you to continue to work with your counterparts in the Senate, as well as with the Administration, to ensure this important legislation contains appropriate legal and privacy protections that will pass both chambers of Congress expeditiously and be signed by the President.

BRT is invested in addressing health care costs that hamper essential economic growth. For that reason, BRT has been critically engaged on the issue of health care reform and has an interest in seeing an implementation of the Affordable Care Act (ACA) that provides employers with the flexibility they need to continue providing critical benefits to employees and their families.

Pursuant to the Clerk's Order of October 22, 2012, Petitioners the National Association of Manufacturers, the Chamber of Commerce of the United States of America, and Business Roundtable file this preliminary Statement of Issues:

On August 22, 2012, the SEC adopted Rule 13p-1 and Form SD, Conflict Minerals, 77 Fed. Reg 56,274 (Sept 12, 2012), which is one of the costliest rules ever issued by the SEC.

The Business Roundtable (BRT), the TransAtlantic Business Dialogue (TABD,) and the European Round Table of Industrialists (ERT) are submitting the following comments jointly in response to USTR’s request for comments in the above referenced matter. Our organizations represent chief executive officers and chairmen of leading U.S. and European companies.

Most of the undersigned organizations had written to the Minister of Finance earlier this year expressing serious concerns about the then proposed provisions in the Finance Bill 2012 relating to the taxation of indirect transfers.

The challenges I outlined four years ago are still the challenges the nation faces today -- challenges we have to meet that have to be met if we are to win the global economic competition.

The growth in the development and use of information and communications technologies (ICT) has been a major driver of economic growth, dynamism, job creation, productivity, and competitiveness for industries across all sectors of the global economy.

Russia is now the largest economy outside the World Trade Organization (WTO). It is the world’s 9th largest economy and roughly one-fifth of its 142 million people are part of a rapidly growing middle class.