Ernst & Young LLP (EY) announced today that it has entered into a three-year agreement with the Organization for International Investment (OFII) and will collaborate with OFII in delivering a wide range of international business, transactional and legislative insights to its members. OFII is a non-profit business association in Washington, DC, representing the US operations of many of the world's leading global companies.
“EY and OFII have synergistic purposes and a mutual interest in promoting better business conditions and policies that can allow companies, both US and foreign-based, to thrive and contribute positively to employees, organizations, community and the economy,” said Kate Barton, EY Americas Vice Chair of Tax Services. “We look forward to working towards these goals together by providing deep, practical insight to OFII members in a highly collaborative manner.”
EY and OFII have built a multi-faceted forum throughout the US, EMEIA and APAC that will bring timely insights and thought leadership to OFII members. The program will focus on topics relevant to OFII’s inbound membership base, including global business and tax legislation, global trade and supply chain developments, industry and sector insights, and merger and acquisition best practices.
“As the only association exclusively representing the inbound business community, OFII works to ensure US subsidiaries of global companies have an equal opportunity to succeed alongside their domestic counterparts," said Nancy McLernon, president and CEO of OFII. “I am excited to collaborate with EY to provide our member companies with the insight and expertise they need to succeed and create jobs in the United States.”
“Given the magnitude and pace of global legislative change and cross-border transactions, non-US headquartered multinational companies are confronting unprecedented challenges,” said Stephen O’Neil, EY’s Americas Markets Leader for International Tax Services. “It is critical that they manage their affairs to navigate today’s environment. Our relationship with OFII will offer timely thought leadership and practical guidance on complex matters to OFII and its members.”