It’s Tax Time…for Some
Today is May 17, which due to an IRS extension is this year’s tax day. The annual deadline comes as a reminder that–while most of us scramble to pay what we owe–some of the wealthiest among us pay little to nothing in taxes.
The Global Trend Towards Corporate Tax Transparency Accelerates: Just the Facts: March 22
These past few weeks have seen “explosive” momentum in the movement for tax transparency. The United Nations High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel) published their report in late February, recommending a broad slate of much-needed global reforms including public country-by-country reporting (PCbCR) of taxes and other financial information by multinational companies. This year, the Global Reporting Initiative put into effect the first global voluntary standard on public country-by-country tax reporting. The standard, known as GRI 207, has already attracted early support from Philips, Orsted, Alliance, and Newmont.
90 NGOs Call on Congress to End the Corporate Tax Preference for Shifting Jobs & Profits Offshore
90 NGOs call on Congress to end the corporate tax preference for shifting jobs & profits offshore
The Global Trend Towards Corporate Tax Transparency is Accelerating
In a 2019 report FACT pointed out the growing momentum for tax transparency. Now, it seems, that growth is explosive.
Worsening US Score in 2020 Corruption Perception Report Underscores Urgent Need for Reform
In February, FACT member Transparency international released a report outlining perceived corruption globally. Adding to a troubling trend over the last few years, the U.S. again fell in its ranking with its lowest score since 2012.
FACT Joined more than 40 Organizations in Support of Gary Gensler’s Nomination as SEC Chair
FACT joined more than 40 organizations in support of Gary Gensler’s nomination as SEC Chair