Just the FACTs: July 29, 2020
2020 is turning out to be an eventful year in the fight against corrupt financial practices.
FACT and Oxfam Comment on USTR’s Consultation on Initiation of Section 301 Investigations of Digital Services Taxes
The FACT Coalition and Oxfam penned a joint comment on USTR’s Investigations of Digital Services Taxes, encouraging the agency to not take action against jurisdictions that adopt digital services taxes.
Apple’s EU Ruling Underscores Need to Change Laws to Combat Tax Avoidance
The FACT Coalition issued a statement on the European Union court ruling overturning a 2016 decision that found that Apple had received illegal tax breaks from Ireland.
New Bill Would Prevent COVID Aid from Bailing Out “Inverted” Corporations
Sen. Durbin and Rep. Doggett’s bill provides a critical safeguard against corporate abuse at this time of national crisis.
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.