There is widespread agreement, across the political spectrum, that the gaming of the tax code by multinational corporations is a problem. When profits and jobs are shipped offshore, we not only harm the U.S. economy, we fuel a tax haven industry that drains wealth around the world. We seek to fix the problem of large, well-connected interests gaming the tax system.
A month after the enactment of the landmark Corporate Transparency Act, a new administration is opening new opportunities to advance the fight against corruption and illicit finance.
FACT sent comments to the OECD on the BEPS Pillar Two Blueprint.
More than a decade after FACT Coalition member organizations began working to end anonymous companies, Congress is nearing the finish line to finally pass a bill that could do just that.
FACT sent policy recommendations for the FACTI Panel final report.
New report finds taxpayers lose $427 billion worldwide to individual tax evasion and multinational corporate profit-shifting, undercutting a COVID-19 response.
As part of our work to tackle this problem of tax avoidance and ensure the government is well-funded, the FACT Coalition held two virtual briefings for Congressional staffers in October to discuss remedies to combat egregious tax avoidance by large multinational corporations.
