SEC Asked For Public Tax Reporting By Group With $2.3T
FACT policy director Zorka Milin was quoted in coverage of the recently-filed SEC tax transparency petition in coverage by Law360’s Kevin Pinner.
Investors with More than $2.3 Trillion in Assets Demand SEC Rulemaking to Require Greater Multinational Tax Transparency
A new petition filed on behalf of 87 investors with more than $2.3 trillion in assets under management calls on the U.S. Securities and Exchange Commission to require greater tax transparency from U.S.-listed companies.
FACT Submits Comments Following Australia’s Introduction of World-Leading Tax Transparency Legislation
Australia’s recently-introduced public country-by-country reporting legislation would dramatically improve tax transparency for major multinational corporations, benefiting investors, lawmakers, journalists, and the general public.
FACT Calls on Congress to Eliminate Wasteful Corporate Tax Break, Supreme Court Issues Landmark Tax Ruling: Just the FACTs 6/25/24
FACT calls on Congress to repeal the Foreign-Derived Intangible Income deduction, the Supreme Court reaffirms Congress’ taxing authority, and FACT, allies gather in Lithuania for the 2024 International Anti-Corruption Conference.
FACT Sheet: Congress Should Repeal a Wasteful Tax Break for Big Tech
The Foreign-Derived Intangible Income (FDII) deduction benefits relatively few companies, costs the U.S. tens of billions annually in lost revenue, and perversely encourages corporations to move jobs and investment abroad.
FACT Releases Multinational Corporate Tax Policy Platform for 2025: Just the FACTs 5/23/24
FACT releases a new policy platform to guide multinational tax reform in 2025, and Treasury and the SEC release joint proposal introducing anti-money laundering safeguards for investment advisers.