FACT Coalition Calls on Congress to End “America-Last” Tax Policies
By addressing unfair tax breaks given to U.S.-based multinational corporations, Congress can help level the playing field for wholly domestic businesses, end incentives for offshoring, and raise more than one trillion dollars in new revenues.
Latest News
IRS Layoffs Threaten Gains on Tax Enforcement, Fairness, and Revenue Collection
The FACT Coalition is gravely concerned by reports of mass layoffs at the Internal Revenue Service expected to impact as many as 7,000 staff, including thousands of employees specifically working on tax enforcement and collections.
Federal Judge Lifts Preliminary Injunction, Allowing Corporate Transparency Act Enforcement
FACT urges Treasury to resume full implementation of the landmark Corporate Transparency Act following a federal district judge’s stay of the last nationwide preliminary injunction preventing broad enforcement of the law.
DOJ Continues Vigorous Legal Defense of the Corporate Transparency Act, Bill to End Incentives for Offshoring Reintroduced: Just the FACTs 02/13/25
The Justice Department requests stay of final injunction barring CTA enforcement, No Tax Breaks For Outsourcing Act reintroduced, and new executive order pauses enforcement of cornerstone anti-bribery law.
Supreme Court Halts Nationwide Injunction Against Corporate Transparency Act, Admin Threatens Retaliation Over Global Corporate Tax Deal – Just the FACTs 1/24/25
The Supreme Court stays nationwide injunction against CTA enforcement, President Trump withdraws U.S. commitments to OECD global tax deal, and Treasury convenes summit on nature crimes and illicit finance.