Ian Gary and “his FACT Coalition colleagues have worked diligently in 2025 to illustrate that US shareholders actually support tax transparency initiatives as a means of risk mitigation, in contrast to what the US portrays on a geopolitical level.”
Read FACT executive director Ian Gary’s new op-ed for Devex on the need for tax transparency in the fight against climate change.
“Deficit-laden global north donors are unlikely to change course in the short term. Thus, global south countries need new strategies to mobilize resources at home to close the climate finance gap. Yet to do so effectively, they need a fairer international corporate taxation system to bolster their own resources to battle climate change.”
Read FACT executive director Ian Gary’s new op-ed for the Inter Press Service on the need for global tax cooperation to effectively fund a robust response to the climate crisis.
Thomson Reuters interviewed FACT Policy Director Zorka Milin and FACT Policy & Communications officer Thomas Georges on a proposed budget rider to defund the FASB’s oversight body if a rule designed to provide investors with more transparency isn’t withdrawn.
Thomas Georges stated that industry concerns regarding data collection burdens or potential misinterpretation “don’t come close to outweighing the benefits for investors that was the prime consideration that FASB had when they were drafting these disclosures and narrowly tailoring these disclosures.”
Bloomberg covered FACT’s latest report analyzing the financial disclosures of 11 U.S. multinational oil and gas companies.
“Of the global oil and gas production by 11 US oil majors studied by FACT, 51% is domestic, but only 18% of their total global tax bill goes to the US. These generous foreign tax credits help explain why.”
Agence France-Presse covered FACT’s latest report analyzing the financial disclosures of 11 U.S. multinational oil and gas companies.
“The headline finding of our report is that these companies are indeed very lightly taxed. They are under-taxed relative to any kind of number of metrics.”
