Thomas Georges

Thomas Georges is FACT's policy and communications officer.

FACT Provides Comments to Financial Accounting Standards Board Urging Country-by-Country Tax Reporting

FACT recently sent comments to the Financial Accounting Standards Board (FASB) urging them to adopt country-by-country tax reporting as part of its public consultation on the Board’s priorities. FASB sets and oversees the Generally Accepted Accounting Principles, the standard followed by most U.S. corporations in their financial reporting, and so could bring about widespread adoption of public country-by-country reporting as a way to ensure investors are fully able to assess reputational and regulatory risks in their portfolios.

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Video: September 9th Panel – The Global is Local

The FACT Coalition, Global Financial Integrity, Action Center on Race and the Economy, Transparency International’s U.S. Office, and the California Reinvestment Coalition co-sponsored a panel to learn from experts about the scope of real estate money laundering and what the U.S. should do to fight it, and in doing so combat global corruption and create fairer housing markets here at home.

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