Companies Pressed to Reveal More About the Taxes they Pay
FACT Executive Director Ian Gary is cited in the Financial Times’ coverage of increasing investor demand for greater tax transparency for large multinational corporations.
Australia Unveils Public Country-By-Country Reporting Rules
FACT Executive Director Ian Gary is cited by Law360’s Kevin Pinner in coverage of Australia’s groundbreaking new tax transparency legislation: the first of its kind expected to impact global entities, including major U.S. multinationals.
Treasury Secretary Yellen Champions Upcoming U.S. Anti-Money Laundering Initiatives at International Summit
Secretary Yellen outlines upcoming AML initiatives, U.S. commits to verification of data collected under the Corporate Transparency Act, and FinCEN gets ready to revise and reissue a controversial beneficial ownership information intake form.
The US Must Safeguard Democracy by Combatting Corruption
Read FACT Executive Director Ian Gary’s new op-ed in the Hill Opinion on the need for the Biden Administration to strengthen the U.S. anti-money laundering framework ahead of the Summit for Democracy.
US Makes Corporate Transparency Commitment with 20 Nations
FACT Executive Director Ian Gary is cited in coverage by the Associated Press of new U.S. multilateral commitments surrounding beneficial ownership transparency, including the commitment to verify information collected under the Corporate Transparency Act.
Strong Financial Transparency Law Implementation At Risk as Treasury Weighs Ownership Information Reporting Forms
Implementation of the Corporate Transparency Act is under serious threat, FACT calls on Treasury to nominate permanent leadership at FinCEN, and Canada introduces long awaited legislation to create a publicly-accessible federal beneficial ownership registry.