U.S. Court of Appeals Upholds the Corporate Transparency Act
“The Court’s decision confirms what Congress understood and intended when it originally passed this legislation: that anonymous companies are drivers of fraud, drug trafficking, and the threats posed by terrorists and transnational criminal organizations.”
- Erica Hanichak, deputy director of the FACT Coalition.
Latest News
FACT Policy Director Highlights Needed Reforms to Effectively Tax Big Pharma, Oil at House Shadow Hearing
Read FACT policy director Zorka Milin’s full testimony from the April 21 Congressional Progressive Caucus shadow hearing, “Visions of an Affordable Life: Taxing Corporate Greed”.
House Committee Advances Disastrous Legislation Protecting Criminals Who Hide Behind Anonymous Companies
“There could be no greater gift to the fentanyl traffickers, fraudsters, and U.S. adversaries that rely on the anonymity that shell companies provide than gutting the Corporate Transparency Act.” – FACT Deputy Director Erica Hanichak
FACT Sheet: Small Businesses Support the Corporate Transparency Act
The Corporate Transparency Act is under threat from opponents who say its reporting requirements are “too burdensome” for small businesses, and who downplay the risks posed by anonymous companies. The facts say otherwise.
Take the Money and Run – Amidst Oil Price Windfalls, U.S. Oil Majors Continue to Pay Less Tax at Home than Abroad
Amid skyrocketing oil prices and concerns about ordinary Americans subsidizing Big Oil’s expected superprofits at the pump, new disclosures show how the U.S. continues to inadequately tax its oil majors.