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Fight Tax Evasion

Tax evasion from wealthy individuals using a variety of offshore schemes, including hiding assets in foreign bank accounts, robs U.S. taxpayers of tens of billions of dollars per year — and the costs for developing countries are even worse. A growing global norm in favor of transparency can ensure that all are held equally accountable for paying the taxes they owe.

Clark Gascoigne on HuffPost Live

FACT’s Clark Gascoigne on HuffPost Live: U.S. a Major Money Laundering Capital

FACT’s Clark Gascoigne Discusses the U.S. Ranking as the 3rd Biggest Secrecy Jurisdiction in the Latest Financial Secrecy Index
Clark Gascoigne, the Deputy Director of the FACT Coalition, appeared on Mind Your Business with Alyona Minkovski, a weekly business program on HuffPost Live, on Friday, November 13, 2015.  He discussed how the United States facilitates all sorts of financial crime with widespread financial opacity.

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Endorsing Tax Evasion

A vote in favor of repealing FATCA sends a message: a message to foreign banks that they can get back to helping wealthy Americans hide their assets and use offshore accounts to evade tax.

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FACT Coalition Lauds Introduction of Stop Tax Haven Abuse Act

The FACT (Financial Accountability and Corporate Transparency) Coalition today welcomed the introduction by Senator Sheldon Whitehouse (D-RI) and Rep. Lloyd Doggett (D-TX) of the Stop Tax Haven Abuse Act, which would close a number of loopholes used by corporations and wealthy individuals to avoid taxes.

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