FACT Sheet: Anonymous U.S. “Shell” Corporations: A National Security Code Red
Anonymous shell companies threaten U.S. security on many fronts. Requiring the disclosure of beneficial ownership information addresses the problem.
FACT Sheet: Why Beneficial Ownership Transparency Matters
Phantom firms can open bank accounts, wire money, buy property, and transact business like any other company, making them an attractive method for hiding, moving, and using money or other assets. As a result, phantom firms are often misused for a multitude of illegal or unethical activities.
FACT Advocacy Days on Capitol Hill
Faith leaders, small business owners, activists, and others will be fanning out across Capitol Hill to tell lawmakers in both chambers and in both parties of the impact that offshore tax haven abuse and the use of anonymous shell companies are having on communities as the FACT (Financial Accountability and Corporate Transparency) Coalition kicks off its Advocacy Days.
Video: Senator Carl Levin, 2014 FACT Advocacy Days Address
Senator Carl Levin speaks during the FACT Coalition’s 2014 Advocacy Days in Washington, DC.
Video: Rep. Lloyd Doggett, 2014 FACT Advocacy Days Address
Rep. Lloyd Doggett speaks during the FACT Coalition’s 2014 Advocacy Days in Washington, DC.
Video: Tim Richardson, Fraternal Order of Police, 2014 FACT Advocacy Days Address
Tim Richardson, Senior Legislative Liaison with the Fraternal Order of Police, speaks during the FACT Coalition’s 2014 Advocacy Days in Washington, DC.