FACT Members Testify: Tax Experts Push IRS to Expose Multinational Tax Dodging
Members and allies of the FACT Coalition are set to testify on an IRS proposal, known as “country-by-country reporting”, to crack down on corporate tax dodging by requiring multinational companies to report to the IRS their profits earned, taxes paid, and employee numbers on a country-by-country basis.
New Panama Papers Release Shows Vast Network of Secret Companies
The International Consortium of Investigative Journalists (ICIJ) published more than 200,000 documents from a trove of leaked files known as the Panama Papers this afternoon, renewing calls from anti-money laundering and tax policy experts in favor of bipartisan transparency measures to curb terror finance, corruption, and tax evasion.
Anti-Money Laundering Experts Deeply Concerned by Administration’s Flawed ‘Panama Papers’ Response
Anti-Money Laundering Experts Deeply Concerned by Administration’s Flawed ‘Panama Papers’ Response
Leading anti-corruption, anti-money laundering, and tax policy experts expressed deep concerns about a set of rules and proposals announced by the Obama Administration last night in the wake of the so-called “Panama Papers” revelations.
After Panama Papers, Scores Descend on Capitol Urging Tax and Transparency Solutions
After Panama Papers, Scores Descend on Capitol Urging Tax and Transparency Solutions
In the wake of the Panama Papers, more than 70 faith leaders, small business owners, local leaders, and public interest advocates from 25 states will be on Capitol Hill April 11-13 to urge lawmakers to support tax and transparency legislation that benefits small businesses, taxpayers, and vulnerable communities.

Revenue Lost on Profits Stashed in Offshore Havens

The “clock” to the right is counting revenue lost during the 113th Congress while it has failed to take any action to force multinational corporations to pay tax on profits stashed in offshore tax havens.

Revenue Lost on Profits Stashed in Offshore Havens

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Incorporation Transparency

Did you know that it is easier to form a company in the U.S. than it is to get a library card?

American and foreign terrorists, narco-traffickers, arms dealers, corrupt foreign officials, tax evaders and other criminals easily and regularly set up anonymous U.S. companies to launder their money with impunity.

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Tax Evasion and Avoidance

Average Taxpayers and Small Business Owners Foot the Bill for Offshore Tax Loopholes

The current tax code is riddled with loopholes inserted by special interests that result in wealthy individuals and large, multi-national corporations shifting their tax responsibilities to small and domestic businesses, and average taxpayers.

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anti-money laundering

The current approach to combating money laundering is failing and we need a clear, strong, and comprehensive approach to fixing it.

Rampant corruption among individuals and governments around the world and newspaper headlines filled with reports…

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