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
New Leadership Team to Helm FACT Coalition’s Work To Combat U.S. Financial Secrecy and Offshore Tax Avoidance
FACT is pleased to announce the appointment of Zorka Milin and Erica Hanichak as co-directors following the departure of executive director Ian Gary.
We Can’t Address the U.S. Deficit Without Corporate Tax Reform
In a new blog, FACT’s Thomas Georges and Evan Dymond argue that lawmakers must pursue revenue-raising corporate tax reforms if they are serious about tackling the nation’s fiscal crisis.
New York Times Spotlights Offshore Profit Shifting, Federal Watchdog Details Vulnerabilities From Shell Companies – Just the FACTs 6/5/2026
In this month’s edition of Just the FACTs, New York Times analysis shows widespread use of tax havens by major multinationals, the GAO releases a new report on risks from anonymous shell companies, and Senators Warren and Wyden call on Treasury to act to keep dirty gold out of the U.S. Mint.
FACT Sheet: What to Know About the U.S. FATF Evaluation, and Why It Matters
Recent backsliding on important anti-money laundering initiatives, including the administration’s regulatory gutting of the Corporate Transparency Act, have raised concerns about how the U.S. will perform in its upcoming FATF mutual evaluation. The stakes are both global and domestic.