Investors with More than $2.3 Trillion in Assets Demand SEC Rulemaking to Require Greater Multinational Tax Transparency
A new petition filed by FACT on behalf of 87 investors with more than $2.3 trillion in assets under management calls on the U.S. Securities and Exchange Commission to require public country-by-country reporting from U.S.-listed companies.
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Texas Judge Wrongly Halts Enforcement of Landmark Anti-Money Laundering Law
A nationwide preliminary injunction preventing Treasury from enforcing the Corporate Transparency Act “is a Christmas gift to criminals who use anonymous shell companies to traffic fentanyl, exploit people, and hide dirty money.”
FACT Applauds Australia’s Passage of Groundbreaking New Tax Transparency Requirements for Major Multinationals
Many companies, including as many as half of all large U.S. multinationals, will soon begin publicly reporting tax and other financial information for a range of high-risk jurisdictions typically associated with profit shifting and related tax avoidance schemes.
FACT Calls on Lawmakers to Drop Harmful Rider Undermining Long-Overdue Tax Transparency Reforms
November 20, 2024 | Comment Letters
FACT urges appropriators to oppose a harmful House measure that would deny funding to the nation’s accounting standards setter unless it withdraws a long-awaited corporate income tax disclosure rule.