FACT Sheet: Endorsements for Country By Country Reporting
More than 100 investors, small business associations, NGOs, and unions have voiced their support for country by country reporting of important financial information.
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.
More than 100 investors, small business associations, NGOs, and unions have voiced their support for country by country reporting of important financial information.
FACT joined more than 40 organizations in support of Gary Gensler’s nomination as SEC Chair
FACT sent comments to Congress on hearing on corporate disclosures.
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.
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.