Amid skyrocketing oil prices and concerns about ordinary Americans subsidizing Big Oil’s expected superprofits at the pump, new disclosures show how the U.S. continues to inadequately tax its oil majors.
The new tax information in companies’ annual financial reports represents an enormous improvement upon what was previously available, and is only the beginning of a wave of new disclosures pursuant to requirements advocated for by investors, FACT, and our allies.
The UK Illicit Finance Summit must elevate the issues of illicit finance and the gold trade on the global stage, writes FACT’s Julia Yansura and Spotlight on Corruption’s Helen Taylor.
In his latest blog, Isidoro Hazbun argues that the conservation movement must confront the financial engines of environmental destruction that operate across continents.
A new tax on money sent from the U.S. to other countries by non-citizens will only serve to drive immigrants toward less secure, informal money transfer services, write FACT’s Julia Yansura and Zorka Milin.
A medida que el precio del oro supera los $3,000 dólares por onza troy—un hito histórico impulsado por la inestabilidad geopolítica, el temor a la inflación y el debilitamiento del dólar estadounidense—los efectos se sienten en todo el mundo y subrayan el papel que juegan las finanzas ilícitas y la extracción ilegal de recursos en la intensificación de los conflictos.
