Deloitte to Sponsor First-Ever SelectUSA Investment Summit
Event to spur global-local U.S. investment opportunities
New York, October 30, 2013 - Whether foreign or domestic, direct investment is key to a strong economy. Since the 1980s the U.S. has lost 67 percent of its share of global foreign direct investment (FDI) to international markets, slowing economic growth and job creation.
To reverse this trend, President Obama launched the SelectUSA initiative in 2011 to promote and facilitate investment in the U.S. Sponsored in part by Deloitte and hosted by the U.S. Department of Commerce’s International Trade Administration, the first-annual SelectUSA 2013 Investment Summit brings together organizations from around the world with governors, mayors and local stakeholders, federal agencies, and state and local economic development organizations to discuss the benefits of investing and expanding in the U.S.
Joe Echevarria, chief executive officer, Deloitte LLP, will participate with other industry leaders in the Oct. 31 panel discussion from 11 am to noon, “Why the Economics Favor Investing in the United States.”
Other Deloitte specialists also will be on hand to discuss summit sessions and provide insights into areas such as taxation, site and location strategy, business incentives, talent and human resources strategy and the regulatory environment.
Deloitte personnel on site will include:
|October 31 - November 1, 2013||
Marriott Wardman Park Hotel in Washington, D.C.
SelectUSA is a U.S. government-wide initiative to support business investment in the U.S., serving firms and economic development organizations by offering guidance on rules, regulations, procedures and policy positions that impact America’s global competitiveness.
Deloitte is a leader in global financial markets and provides advice to businesses of all sizes seeking to expand and invest in the U.S. As a trusted global financial and tax advisor, Deloitte provides solutions and assistance in site selection, M&A advisory, investment structuring and strategies and operations consulting.
Deloitte offers clients a broad range of fully integrated services in areas that include accounting, assurance and advisory, risk, tax, management, financial, technology and human capital consulting that address business issues an organization needs to consider when entering the U.S. as a new business. Deloitte client service teams work closely with clients to provide objective reviews and create effective business solutions for organizations in the U.S. and around the world. With the added strength of the Deloitte Touche Tohmatsu Limited member firm network, Deloitte has the ability to offer a true global, integrated approach to business issues that combines insight and innovation from multiple disciplines with a wide range of business and industry knowledge to help organizations excel through implementation of such solutions.
From business strategy, planning, structuring and operating a non-U.S. headquartered organization operating in the U.S. is complex and challenging. Deloitte’s U.S. Inbound Services professionals have a deep knowledge of the U.S. tax government and regulatory environments to enable efficient and effective operations in the U.S. The result is that Deloitte offers clients headquarter country knowledge, U.S. country knowledge and connects both to achieve business goals.
Deloitte Tax is leading the transformation in the tax profession. We help clients add greater impact to their organization by combining technology and tax technical resources to uncover insights and smarter solutions for navigating an increasingly complex global environment.
As used in this document, “Deloitte” means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.