63 Investors with $2.9 trillion in Assets Under Management Send Letter to FASB in Support of Tax Transparency
63 Investors with $2.9 trillion in Assets Under Management Send Letter to FASB in Support of Tax Transparency
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.
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.
The Global is Local – Linking the Fight Against Corruption with Fair Housing in the U.S.
Join FACT as Executive Director Ian Gary moderates a panel of experts to discuss the impact of real estate money laundering on the U.S. housing market
Congress’ Moment to Pass International Tax Reform: Just the FACTs: August 25
Following last month’s historic agreement on a 15 percent global minimum tax rate at the G7 Finance Ministers meeting, a groundbreaking 130 countries came together to All eyes are on Washington to see if lawmakers will take a proactive step toward codifying U.S. international tax reform through the budget reconciliation process.
FACT Sent Comments to FATF Urging Strong Beneficial Ownership Regulation
FACT recently sent comments to the Financial Action Task Force (FATF) urging the international body to adopt more robust beneficial ownership recommendations as part of its public consultation on Recommendation 24.