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.
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FACT Submits Comments Ahead of House Tax Subcommittee Hearing on U.S. International Tax Reforms
Read official comments submitted ahead of the House Ways and Means Tax Subcommittee’s December 3 hearing, “Promoting Global Competitiveness for American Workers and Businesses,” calling for meaningful reforms to eliminate incentives for offshoring in the U.S. tax code.
New Report Reveals U.S. Oil and Gas Companies Pay More Tax to Petrostates Than to the U.S. Government
FACT’s latest report analyzes the tax disclosures of 11 U.S. oil and gas multinational companies, and calls for the elimination of harmful subsidies for extraction abroad.