Related Letters

Sixteen Members of the House of Representatives Sent a Letter Urging the Financial Accounting Standards Board (FASB) to Require Country by Country Tax Reporting

Sixteen members of the House of Representatives sent a letter to the Financial Accounting Standards Board (FASB), urging them to require multinational companies to be more transparent in reporting where they pay taxes and book profits. Specifically, they called on the accounting body to require that companies disclose their taxes and profits on a country-by-country basis.

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Letter from the CEOs of Dow Chemical, Salesforce, Unilever, Allianz, Virgin, and the Kering Group supporting beneficial ownership disclosure.

Business leaders, financial institutions, investors and governments are taking action to end anonymous companies. On June 28, lawmakers introduced two bills in the United States House of Representatives and Senate which will make it harder for criminals to use anonymous shell companies as vehicles for fraud, crime, and corruption.

Today B Team Leaders and CEOs Andrew Liveris, Paul Polman, Marc Benioff, François-Henri Pinault, Oliver Bäte and Josh Bayliss sent a letter to key members of Congress in support of these legislative efforts.

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