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Contributing to Public Policy Debates
UTC contributes to public policy debates through our offices around the world, by participating in trade and industry associations and through policy research organizations in major developed and developing marketplaces. Important organizations include:
- American Chambers of Commerce in many countries in which we do business
- Center for Strategic and International Studies
- Council on Foreign Relations
- National Association of Manufacturers
- U.S. Chamber of Commerce
- U.S.-China, U.S.-ASEAN, U.S.-Russia, and U.S.-South Africa Business Councils
- American Helicopter Society
- Aerospace Industries Association
- Fire Suppression Systems Association
Starting in early 2009 for 2008 dues, UTC will provide disclosure of the portion of its dues not deductible under Section 162(e)(1) of the Internal Revenue Code, as reported by trade associations to UTC, for those payments to trade associations that are $50,000 or higher annually.
In the U.S., we advocate strong national defense, sustained space exploration, development of fuel cell and other alternative energy technologies, tax incentives for corporate research and development and removing barriers to the free flow of goods across borders.
We join trade associations to share with other companies in our industries business, technical and standards expertise and to be part of an important public education effort regarding major issues of common concern to our industries. We do not join trade associations for political purposes and we do not expect those associations of which we are a member to make political contributions or to be otherwise engaged in the political campaign process. Our participation in trade associations is subject to management oversight and membership requires management approval. Guidelines on trade association participation are treated in Supplements to the UTC Code of Ethics. These guidelines are available to all UTC employees.
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