FACT Coalition Calls on Congress to End “America-Last” Tax Policies

By addressing unfair tax breaks given to U.S.-based multinational corporations, Congress can help level the playing field for wholly domestic businesses, end incentives for offshoring, and raise more than one trillion dollars in new revenues.

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Fairness, Transparency, and Enforcement: FACT’s Principles for Taxing U.S. Multinational Corporations After 2025

With negotiations surrounding the expiration of large parts of the 2017 Tax Cuts and Jobs Act already underway, lawmakers must move quickly to close costly loopholes, prevent offshoring of jobs and profits, and provide adequate tax transparency for U.S. multinational corporations.

Resources

Full Report: “Dirty Money and the Destruction of the Amazon: Uncovering the U.S. Role in Illicit Financial Flows from Environmental Crimes”

Click here to read the FACT Coalition’s latest report analyzing the ways in which U.S. financial secrecy helps abet and reward environmental criminals in the Amazon region.

Press Releases & Statements
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Latest News

DOJ Continues Vigorous Legal Defense of the Corporate Transparency Act, Bill to End Incentives for Offshoring Reintroduced: Just the FACTs 02/13/25

February 13, 2025 | Newsletter

The Justice Department requests stay of final injunction barring CTA enforcement, No Tax Breaks For Outsourcing Act reintroduced, and new executive order pauses enforcement of cornerstone anti-bribery law.

Supreme Court Halts Nationwide Injunction Against Corporate Transparency Act, Admin Threatens Retaliation Over Global Corporate Tax Deal – Just the FACTs 1/24/25

January 24, 2025 | Newsletter

The Supreme Court stays nationwide injunction against CTA enforcement, President Trump withdraws U.S. commitments to OECD global tax deal, and Treasury convenes summit on nature crimes and illicit finance.

Supreme Court Allows Enforcement of Major Anti-Corruption Law to Resume

January 23, 2025 | Press Releases & Statements

FACT applauds the U.S. Supreme Court’s decision to stay a nationwide injunction against the landmark Corporate Transparency Act, clearing a major hurdle to enforcement of the most consequential anti-money laundering law in a generation.

FACT Submits Comments on Reporting Form for New Real Estate Anti-Money Laundering Safeguards

January 21, 2025 | Comment Letters

FACT welcomes the release by Treasury of a proposed form that will be used by covered entities to submit information on the true beneficiaries of certain real estate purchases, pursuant to groundbreaking new anti-money laundering regulations.