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.
103 nonprofit, civil society, labor, environmental, and civil rights groups underscore the need for country-by-country reporting to address underlying problems exacerbated by the COVID-19 crisis.
The FACT Coalition issued a statement on the European Union court ruling overturning a 2016 decision that found that Apple had received illegal tax breaks from Ireland.
Members of the small business community voice their support for the Disclosure of Tax Havens and Offshore Act (H.R. 5933).
Investors managing over $800 billion in assets call on Congress to increase tax transparency through public country-by-country reporting.
102 nonprofit labor, civil rights, and environmental, and other NGOs urge Congress to support public country-by-country reporting.
Transparency International says the Disclosure of Tax Havens and Offshoring Act (H.R. 5933) will “lift the veil of secrecy on certain payments to governments by large multinational companies.”
