In an op-ed for Bloomberg Law, FACT Policy Director Zorka Milin writes that the recent Alabama court ruling on the Corporate Transparency Act both misinterprets the law, and hobbles critical anti-money laundering efforts.
El viernes 1 de marzo, un juez federal de distrito de Alabama emitió un fallo declarando la inconstitucionalidad de la Ley de Transparencia Corporativa (CTA, por sus siglas en inglés), ley emblemática contra el lavado de dinero en los Estados Unidos.
On March 1, a federal district judge in Alabama issued an opinion finding the landmark Corporate Transparency Act unconstitutional, potentially undermining a once-in-a-generation U.S. anti-money laundering and national security victory.
The OECD/G20 Inclusive Framework Multilateral Convention to Implement Amount A of Pillar One represents a historic and long overdue step to allow greater taxing rights for destination countries, as well as a potential source of expanded US public revenues.
FACT recommends that the FATF employ stronger language to encourage countries to establish enhanced beneficial ownership reporting standards for trusts and other under-regulated entities.
In her debut blog, FACT policy director Zorka Milin details how the ongoing Microsoft profit shifting dispute makes a clear case for greater tax transparency requirements for major multinationals.
