Comments to U.S. Dept. of the Treasury on Inversions Guidance
The FACT Coalition submitted the attached comments to the U.S. Treasury Department in December 2014 regarding the Department’s guidance on corporate tax inversions.
The Country Has Spoken
While the dust is still settling from the mid-term elections and the pundits are trying to figure out what it all means, the American people have made their collective voices heard and delivered a message that they do not like the country’s direction. Exit polling data from Election Day showed clear majorities in against growing corporate influence on the political process and in favor of greater corporate accountability. The message is clear: Inversions must stop, corporate tax avoidance must end, and special corporate loopholes must close.
Tax Extenders Package Would Renew Two Wasteful Tax Haven Loopholes
The FACT (Financial Accountability and Corporate Transparency) Coalition today called on Congress to reject the tax extenders package that includes two wasteful offshore loopholes that allow U.S. companies to dodge billions worth of taxes.
FACT Statement on Emerging Tax Extenders Compromise: $400 Billion in Tax Loopholes Are a Bad Deal for America
The FACT (Financial Accountability and Corporate Transparency) Coalition today issued the following statement on the tax extenders compromise legislation that is taking shape on Capitol Hill.
FACT Urges Congress to End Offshore Corporate Tax Dodging via Extenders & Inversions
As Congress prepares to return to Washington for a post-election “lame duck” session, the FACT Coalition (Financial Accountability and Corporate Transparency) urges it to do the right thing and pass legislation to halt inversions as well as let the most egregious offshore tax extenders remain expired.
FACT Coalition Welcomes AbbVie Decision to Remain in U.S. — Public Outrage & Treasury Rules Working
The FACT (Financial Accountability and Corporate Transparency) Coalition is today commending AbbVie Inc. on its announcement that the pharmaceutical maker has decided not to purchase the Ireland-based company, Shire Plc., and its decision to remain in the United States.