FinCEN’s Continued Effort to Purge Dirty Money from Real Estate Welcomed by Experts
Experts welcomed a Treasury Department move to renew its temporary orders seeking to uncover illicit activity in the luxury real estate sector.
Report Shows House Tax Plan Fails to Curb Tax Avoidance
A February 2017 ITEP report explains—among other things—how the House tax plan fails to curtail tax avoidance, contrary to the conventional wisdom in Washington.
Trump Voids Anti-Corruption Safeguard
The President’s action is likely to raise costs on American businesses, undermine national security, and hinder global anti-corruption efforts.

home-left

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.

Learn more

home-center

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.

Learn more

home-right

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…

Learn more

  • FinCEN’s Continued Effort to Purge Dirty Money from Real Estate Welcomed by Experts

    time-warner-center-nyc-shutterstock_315217976-800x418

    Statement by the FACT Coalition on Treasury’s Decision to Renew Geographic Targeting Orders to Identify Buyers in Luxury Real Estate

    WASHINGTON, D.C. – The Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Treasury Department, announced that it was renewing its temporary orders seeking to uncover illicit activity in the luxury real estate sector.

    Read more...
  • Report Shows House Tax Plan Fails to Curb Tax Avoidance

    1120-corporate-tax-form-shutterstock_326878925-800x418

    Statement by the FACT Coalition on ITEP Study

    WASHINGTON, D.C. – A new report published Wednesday by the Institute on Taxation and Economic Policy (ITEP) explains—among other things—how the House tax plan fails to curtail tax avoidance, contrary to the conventional wisdom in Washington.

    Read more...
  • Trump Voids Anti-Corruption Safeguard

    oil-pumps-shutterstock_115189144-900x500

    President’s Action Likely to Raise Costs on American Businesses, Undermine National Security

    WASHINGTON, D.C. — Clark Gascoigne, the deputy director of the FACT Coalition, issued the following statement in response to President Donald Trump’s signing of a Congressional Review Act resolution of disapproval (H.J.Res.41) voiding the implementing provisions of the bipartisan Cardin-Lugar anti-corruption safeguard, also known as Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

    Read more...