FACT policy director Zorka Milin spoke to Law360 on how the U.S’ international tax code undermines efforts to reshore manufacturing.
“There’s a mismatch between the real underlying issue, which is tax-related, and then trying to attack that with a blunt trade policy tool.”
FACT policy director Zorka Milin published an op-ed with Bloomberg Tax on how the 2017 tax law’s expiration opens an opportunity for Congress to generate hundreds of billions of dollars in additional revenue by raising certain global tax rates.
“The US doesn’t need to resort to either punishing or joining tax havens such as Ireland. Instead, we should start by fixing our America-last tax code.”
FACT policy and communications officer Thomas Georges was quoted by Bloomberg Law in their coverage of Australia’s planned exemption guidance for their public country-by-country reporting rules.
“We don’t expect the government to put in place an overly broad exemption
regime, as that would seriously undermine the potential of the new transparency law.”
FACT executive director Ian Gary was quoted by New York Magazine in their coverage of the Treasury’s decision to exempt US entities from filing beneficial ownership information.
“That was essentially gutting the Corporate Transparency Act by fiat”
FACT program director for environmental crime and illicit finance Julia Yansura was interviewed for Bloomberg en Español on the role of organized crime in illegal gold mining.
FACT’s estimate that 99% of entities will be exempt from reporting beneficial ownership information was cited by Thomson Reuters in their coverage of the Treasury’s new interim final rule.
