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 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.
Siding with Drug Traffickers, Federal District Judge Wrongly Strikes Down Safeguard Against Money Laundering Through U.S. Residential Real Estate
“In striking down this rule, the district court in Texas has just sided with cartels, money launderers, and U.S. adversaries and given them free license to continue moving their dirty cash through U.S. real estate.” – Ian Gary, executive director of the FACT Coalition.
FACT Releases Analysis of New Tax Disclosures, Treasury Risk Assessment Downplays Domestic Shells – Just the FACTs 3/19/26
In this month’s edition of Just the FACTs, FACT releases analysis of new tax disclosures, and Treasury’s new money laundering risk assessment reaffirms many known threats, but downplays domestic shell companies.