A Taxing Problem for Investors: Shareholders Increasingly at Risk from Lack of Disclosure of Corporate Tax Practices
Investors are at an increasing risk due to the lack of information disclosed by companies about their tax practices, according to this September 2016 report from the FACT Coalition.
Anonymous Companies Fueling Waste, Fraud, and Abuse of Taxpayers’ Money
A new Global Witness report highlights how anonymous shell companies are ripping-off taxpayers and putting the lives of American military personnel at risk.

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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.

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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.

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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…

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  • Study Highlights How Rigged Tax Code Hurts Small Business, Middle Class Americans

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    Multinational Companies Dodging $147 Billion Annually in State and Federal Taxes through Offshore Tax Schemes

    WASHINGTON, D.C. – A new report from U.S. PIRG Education Fund finds that multinational companies dodge an estimated $147 billion in federal and state taxes annually through offshore tax haven loopholes.  The report explains the staggering cost to small businesses and individual taxpayers, who are forced to shoulder the increased tax burden.

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  • Coalition Welcomes Rule to Stem Multinational Corporate Tax Avoidance

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    Treasury Finalizes Anti-Inversion Rules Tackling “Earnings Stripping”

    WASHINGTON, D.C. – The U.S. Department of the Treasury finalized a long-awaited rule Thursday aimed at countering multinational tax avoidance, in a move welcomed by the Financial Accountability and Corporate Transparency Coalition (FACT Coalition).

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  • New Report: Multinationals Dodging $718bn in U.S. Taxes on Profits Booked Offshore

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    New Analysis Underscores Need to End Deferral, Boost Transparency of Companies’ Offshore Tax Practices

    WASHINGTON, D.C. – The largest American companies have stashed nearly $2.5 trillion in profits offshore allowing them to dodge $718 billion in U.S. taxes, according to a new report released Tuesday by Citizens for Tax Justice (CTJ), the Institute on Taxation and Economic Policy (ITEP), and the U.S. Public Interest Research Group (PIRG) Education Fund—all members of the Financial Accountability and Corporate Transparency Coalition (FACT Coalition).

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