Investors with More than $2.3 Trillion in Assets Demand SEC Rulemaking to Require Greater Multinational Tax Transparency

A new petition filed by FACT on behalf of 87 investors with more than $2.3 trillion in assets under management calls on the U.S. Securities and Exchange Commission to require public country-by-country reporting from U.S.-listed companies.

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Fairness, Transparency, and Enforcement: FACT’s Principles for Taxing U.S. Multinational Corporations After 2025

With negotiations surrounding the expiration of large parts of the 2017 Tax Cuts and Jobs Act already underway, lawmakers must move quickly to close costly loopholes, prevent offshoring of jobs and profits, and provide adequate tax transparency for U.S. multinational corporations.

Resources

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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Comment: Financial Transparency Critical to Achievement of UN Sustainable Development Goals

October 15, 2024 | Comment Letters

Read FACT’s submission ahead of the UN’s Fourth International Conference on Financing for Development, including recommendations to improve domestic revenue mobilization and counter illicit financial flows through critical financial transparency reforms.

Comment: FACT Calls on Congress to Protect U.S. Domestic Businesses, Jobs Through International Tax Reform

October 15, 2024 | Comment Letters

Congress must use the upcoming 2025 tax fight as an opportunity to eliminate incentives for U.S. multinationals to ship jobs and profits offshore, raise much-needed revenues to pay for policy priorities and reduce deficits, and level the playing field for domestic businesses and workers.

U.S. Top Jurisdiction Used by Environmental Criminals to Hide Dirty Money, New Report Finds

October 15, 2024 | Press Releases & Statements

A new report by the FACT Coalition finds that the U.S. is the most common foreign destination for the products and proceeds of environmental crimes committed in the Amazon region.

RSVP Now: Foreign Agents – A Book Talk and Panel Discussion with Casey Michel

October 2, 2024 | Events

Please join the FACT Coalition and Transparency International U.S. on October 17 for a conversation with Casey Michel, author of the new book, Foreign Agents: How American Lobbyists and Lawmakers Threaten Democracy Around the World.