Anonymous Companies Fuel Illicit Trade in Counterfeit and Pirated Goods
The formation and use of anonymous companies undermine the economic and financial interests of U.S. companies and markets according to a new report from the FACT Coalition.
The FACT Coalition, Oxfam America, and Public Citizen host a panel discussion on the role of international tax policy on jobs offshoring. While the COVID-19 pandemic wreaks havoc on our economy and public finances, ending offshore corporate tax dodging to protect American jobs and raise revenue from profitable companies is more important than ever.
US multinational corporations currently pay little to no US tax on their foreign profits, which incentivizes these companies to shift profits and real operations to tax havens.