Multinational companies do not publicly report on where they are making their money or what taxes they are paying to whom. Investors, policymakers, and citizens have no idea exactly how they are gaming the system—what they tell us versus what they tell other countries. They should have to write it down in one place and report it on a country-by-country basis, so that the public, policymakers, and shareholders can see what they are really paying.
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.
President-Elect Biden formally nominated Gary Gensler as Chairman of the Securities and Exchange Commission (SEC), to lead the agency’s Wall Street oversight and investor protection efforts.
FACT sent comments to the OECD on the BEPS Pillar Two Blueprint.
In final days at the SEC, Chairman Clayton leads vote approving weak final rule for oil, mining payment disclosure provision of Dodd-Frank Act.
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.
