Prescription for Poverty: Drug companies as tax dodgers, price gougers, and influence peddlers
Pharmaceutical companies claim to bear their fair share of taxes, but their financial statements tell a different story.
The Downside of Boston’s Luxury Building Boom
Boston is being transformed by a luxury housing boom but a new report shows there are reasons to be alarmed.
New Study Confirms Offshore Earnings are Flowing into Stock Buybacks, Not Jobs and Investments
A new study found that the new repatriation tax break has resulted in a surge in stock buybacks and little discernable impact in investment.
  • Investors and Academics Push SEC to Require Tax Transparency, Other ESG Disclosures

    Image: Andriy Blokhin / Shutterstock

    WASHINGTON, D.C. — More than 60 institutional investors and academics called on regulators Tuesday to require more transparency in corporate filings — including information on offshore tax practices.  The petition to the Securities and Exchange Commission (SEC) is part of a broader effort to align disclosure frameworks with an investment environment focused on long-termism.

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  • State Attorneys General Push Congress to Tackle Anonymous Companies

    Image: Lukas Gojda/Shutterstock

    WASHINGTON, D.C. — A bipartisan group of more than twenty state attorneys general urged Congress on Thursday to help them counter money laundering, corruption, and terror financing by passing legislation to end the incorporation of anonymous shell companies in the United States.

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  • Delaware Endorses Bill to Tackle Anonymous Companies

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    Move Comes as Lawmakers Consider Dropping Important Anti-Money Laundering Section from Legislation

    WASHINGTON, D.C. — Delaware’s top government official overseeing company formation in the state endorsed a bipartisan federal proposal to require companies to disclose their true owners at the time of formation in new a new letter to Congress.

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