Law360: Exxon, Chevron, ConocoPhillips Pressured To Publish Tax Info
FACT’s Executive Director Ian Gary is quoted in a Law360 article discussing Oxfam-led transparency proposals at Exxon Mobil, Chevron, and ConocoPhillips.
CNBC: U.S. oil giants Exxon Mobil, Chevron and ConocoPhillips challenged over ‘secretive’ tax practices
FACT’s Executive Director Ian Gary is quoted in a CNBC article discussing Oxfam-led transparency proposals at Exxon Mobil, Chevron, and ConocoPhillips.
OCCRP: Australia Considers Groundbreaking Tax Transparency Law
Australia may become the first country to require a wide range of MNEs (multinational enterprises), including some headquartered in the United States, to report key tax and operating information that is fully disaggregated on a country-by-country basis,
Law360: Global Tax Deal Leaves Little Room For Revisions
The design of the OECD’s global tax overhaul may overlook the fact that smaller countries may not have the capacity to administer the complex regime, according to Ryan Gurule of the Financial Accountability and Corporate Transparency Coalition.
AP: Business group sues over new corporate ownership database
Ian Gary, executive director of the FACT Coalition, a nonprofit that promotes corporate transparency, said in an email that the new rule “will protect our financial system and small businesses from the criminal abuse of anonymous shell companies.”
Bloomberg Tax: Billion Dollar Tax Cheats Require a Healthy Dose of Sunlight
In recent decades, public interest organizations—such as the Transparency International, Global Financial Integrity, FACT Coalition, and Tax Justice Network—have labored to shine sunlight on the tax practices of huge multinational entities that siphon significant resources that properly belong to the people.