The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to the IRS in support of the Department of the Treasury’s Final and Temporary Regulations under Section 385 on the Treatment of Certain Interests in Corporations as Stock or Indebtedness. The full letter can be read below or downloaded here.
Sen. Wyden and Sen. Rubio’s “Corporate Transparency Act” — Companion to Rep. Maloney and Rep. King’s H.R.3089 — Would End Incorporation of Anonymous Companies
WASHINGTON, D.C. — Momentum continued to build towards curbing criminal money laundering and terror finance Thursday as Sens. Ron Wyden (D-OR) and Marco Rubio (R-FL) introduced the Corporate Transparency Act (S.1717), the Senate companion to a bipartisan House bill (H.R.3089) aimed at ending the abuse of anonymous shell companies.
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to Sens. Wyden and Rubio thanking them for their support regarding Corporate Transparency Act (S.1717), which aims to combat terrorism and financial crimes by ending the incorporation of anonymous companies in the United States.
Statement of the FACT Coalition on the “Joint Statement on Tax Reform”
WASHINGTON, D.C. — A group of Administration and Congressional leaders known as the “Big Six” released a joint statement outlining their priorities for reforming the tax code Thursday.
FACT Coalition Supports ‘Aircraft Ownership Transparency Act of 2017’
WASHINGTON, D.C. — A bipartisan group of lawmakers introduced a bill Friday to secure the U.S. aviation system from criminal actors and terrorists hiding behind anonymous shell companies, in a move welcomed by the Financial Accountability and Corporate Transparency Coalition.
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to Reps. Lynch, Maloney, and King thanking them for their support regarding Aircraft Ownership Transparency Act of 2017 (H.R.3544) which aims to secure the U.S. aviation system from criminal actors and terrorists hiding behind anonymous shell companies. The full letter can be read below or downloaded here.
