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.
The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform.
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.
