Congress Passed a Money Laundering Law. Interest Groups Are Still Fighting It
FACT government affairs director Erica Hanichak was quoted in coverage of the recently-implemented Corporate Transparency Act by the New York Times’ Kate Kelly.
UN Panel Demonstrates Momentum for Tax Transparency, Canada Passes Public Beneficial Ownership Law: Just the FACTs 11/30/23
UN Development Dialogue highlights growing momentum for public country-by-country reporting, Canada passes public beneficial ownership reporting requirements, and the UN votes to begin international tax reform negotiations.
FACT Submits Statement on Beneficial Ownership Transparency Ahead of UN Anti-Corruption Conference
Read FACT’s official comment urging global governments to strengthen existing systems and multilateral cooperation on beneficial ownership transparency ahead of the 10th Conference of State Parties to the UN Convention Against Corruption.
61 Labor Groups and NGOs Call on Congress to Close International Tax Loopholes
61 labor and advocacy organizations are calling on Congress to pass the No Tax Breaks for Outsourcing Act, which levels the playing field for American small businesses by removing incentives in the tax code that reward major multinationals for offshoring and profit shifting.
FACT Launches New Environmental Crimes Report, UK Passes Sweeping New AML Package: Just the FACTs 11/2/23
FACT launches its latest report analyzing the linkages between U.S. financial secrecy and environmental crimes, the UK passes the Economic Crime and Corporate Transparency Act, and the EU Tax Observatory releases a new global tax evasion report.
FACT Submits Comments Praising Treasury’s Revised Beneficial Ownership Reporting Form
FACT submits comments praising Treasury’s revised beneficial ownership reporting form, and suggests small changes to help improve user experience and increase the usefulness of reported information for law enforcement.