Comments to UN FACTI High Level Panel for Achieving the 2030 Agenda
FACT sent comments to the United Nations High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel).
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.
FACT sent comments to the United Nations High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel).
On May 12, Clark Gascoigne, Interim Executive Director of the FACT Coalition, offered remarks during the Organization for Economic Cooperation and Development’s public consultation on BEPS Action 13, which addresses country-by-country tax reporting. His comments underscored both the need and public momentum for making such reports public.
As Congress debates the next round of stimulus funding and the nation grapples with the COVID-19 pandemic, it is worth taking a brief moment to make sure we are thoughtful in our response. It is integral to the health and prosperity of the American people that the policies designed to respond to this extraordinary moment …
The FACT Coalition sent a letter to Congress outlining key transparency and accountability measures to guide the ongoing policy response to COVID-19.
The FACT Coalition sent a letter to Congress opposing any offshore corporate tax giveaways in a COVID-19 emergency response package and calling for country-by-country tax transparency as a prerequisite for any potential tax breaks or bailouts.
WASHINGTON, D.C. — A diverse set of stakeholders has called on the Organizations for Economic Cooperation and Development to mandate public disclosures of key tax information for multinational corporations.