Letter to Congress Outlining Key Transparency and Accountability Guidelines for COVID-19 Response
The FACT Coalition sent a letter to Congress outlining key transparency and accountability measures to guide the ongoing policy response to COVID-19.
Letter to Congress on Emergency COVID-19 Stimulus Measures
The FACT Coalition sent a letter to Congress opposing any offshore corporate tax giveaways in a COVID-19 emergency response package and calling for country-by-country tax transparency as a prerequisite for any potential tax breaks or bailouts.
The World Bank has a Tax Havens Problem
This article was originally posted by Oxfam America. The controversial departure of its chief economist highlights the need for a coherent policy on tax and development. Last month, word got out that the World Bank’s Chief Economist Pinelopi Koujianou Goldberg was planning to leave her position after just over a year on the job. It’s the second transition …
More of the Same: Corporate Tax Avoidance Hasn’t Changed Much Under Trump-GOP Tax Law
Earlier this year, Amazon and Netflix made headlines when ITEP reported findings that these and at least 58 other companies paid no federal income taxes in 2018. One of the tax breaks they use to manage this feat is related to stock options, the subject of a new ITEP report.
The FACT Coalition Sent a Letter of Support to the Sponsors of the Stop Corporate Inversions Act of 2019
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter of support to the sponsors of the Stop Corporate Inversions Act of 2019. The full letter can be read below or downloaded here.
Taxing Offshore Profits and Domestic Profits Equally Could Curb Corporate Tax Dodging
In recent days, presidential candidates Sen. Kamala Harris and New York Mayor Bill DeBlasio have called for taxing corporate profits the same whether they are earned in the United States or abroad. These calls echo the position of Sen. Bernie Sanders, who has long had a proposal along these lines. As ITEP has explained, correcting this inequity is not a mere detail but rather a sweeping reform that could end incentives for companies to shift profits and jobs offshore.