Treasury Reopens the Floodgates to Dirty Money in the U.S.

The Treasury Department’s decision to limit reporting requirements under the landmark Corporate Transparency Act to only foreign entities is a boon for fentanyl traffickers, domestic criminals, and tax cheats.

Read FACT's Statement

Policy Brief: Dissecting Congress’s $170b Tax Cut for U.S. Multinational Corporations

While the 2025 tax law’s international tax provisions have been labelled “America-first”, in reality, most of the changes will lower the effective tax rates multinationals pay on foreign income, further incentivizing the movement of investment and income abroad. 

Briefing Memos

Full Report: “Dirty Money and the Destruction of the Amazon: Uncovering the U.S. Role in Illicit Financial Flows from Environmental Crimes”

Click here to read the FACT Coalition’s latest report analyzing the ways in which U.S. financial secrecy helps abet and reward environmental criminals in the Amazon region.

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FACT Urges Veto of Puerto Rican Senate Bill 63

December 10, 2025 | Comment Letters

Read FACT’s official comments submitted to Governor González-Colón urging the veto of a bill that would weaken Puerto Rico’s access-to-information framework.

Ambitious New U.K. Anti-Corruption Strategy Provides Sharp Contrast to U.S. Backsliding in Global Dirty Money Fight

December 9, 2025 | Press Releases & Statements

The U.K. government’s renewed focus on the fight against corruption as a key component of the nation’s economic and national security stands in stark contrast to the current situation in the U.S., where core pillars of the anti-money laundering and anti-bribery frameworks have been dismantled.

Ian Gary Named to International Tax Review’s Global Tax 50

December 8, 2025 | Press Coverage

Ian Gary and “his FACT Coalition colleagues have worked diligently in 2025 to illustrate that US shareholders actually support tax transparency initiatives as a means of risk mitigation, in contrast to what the US portrays on a geopolitical level.”

UK Illicit Finance Summit Puts Dirty Gold in the Spotlight. Real Reforms Must Follow. 

December 8, 2025 | Blog

The UK Illicit Finance Summit must elevate the issues of illicit finance and the gold trade on the global stage, writes FACT’s Julia Yansura and Spotlight on Corruption’s Helen Taylor.