Impact of IRA on US Market Expansion of European Companies

This is a good time for European companies to reconsider entering the US Market either directly or via a partnership with a US company.

Our panel will share insights about opportunities and challenges in US market expansion of European companies in the era of the Inflation Reduction Act and closer US/EU Collaboration on manufacturing, energy related and green projects.

The AGENDA will include topics like:

Opportunities for European companies in different sectors and regions:
• Sectoral implications
– IRA incentives for private investment for corporations;
– Which sectors are most effected and where are the opportunities for transatlantic collaboration
– What you need to know about these funds and how to catalyze private investment in clean energy, transport, smart cities and manufacturing.

• Market implications
– existing loan authority by US Government entities and what the future may hold
– Replacing US energy infrastructure will create new business opportunities within the US for European companies.
– Where is the innovation taking us?

• Political implications
– Is the IRA politically stable
– The US and Europe common agenda to strengthen the resilience of supply chains and reform the WTO.

Things to consider before entering the US market:
• Structural and strategic considerations when entering the US market (Partnership or Subsidiary)
>> Acquiring a U.S. entity – what you need to know about its global tax structure
>> Forming a EU / US partnerships: What do you need to know

• Reporting risks and income tax liabilities for US subsidies: Understanding the basic framework of check-the-box regulations
>> Pitfalls & challenges with Domestic vs. foreign entity tax classifications; Tax liabilities on both sides of the Atlantic.
>> Administrative challenges (Payroll incentives, substance requirements, etc)
>> Tips on what US corporate owners of foreign subsidiaries can do to prepare

SPEAKERS:
• Jill Boland, Principal, CLA (CliftonLarsonAllen)
• Mark Hillhouse, Head of Sustainable Finance – Commercial Banking, HSBC
• Ian Hunter, Director US, OCO GLOBAL
• Jacob Willemsen, Founder & President, TABS Inc.
• Yvonne Bendinger-Rothschild, Executive Director, EACCNY [Moderator]