FACT Urges Chairman Wyden: Don’t Let First Major Action Favor Multinationals

With Senate Finance Committee Chairman Ron Wyden (OR) to begin consideration of renewing the set of expired tax breaks, or “tax extenders,” this week and embarking on the first major action of his chairmanship, the FACT (Financial Accountability and Corporate Transparency) Coalition is urging him to take a stand against multinational corporations that have used some of these extenders to avoid paying taxes and reject these egregious provisions.


FACT Advocacy Days on Capitol Hill

Faith leaders, small business owners, activists, and others will be fanning out across Capitol Hill to tell lawmakers in both chambers and in both parties of the impact that offshore tax haven abuse and the use of anonymous shell companies are having on communities as the FACT (Financial Accountability and Corporate Transparency) Coalition kicks off its Advocacy Days.


Partnership to Build America Won’t

By Nicole Tichon

Don’t Reward Corporations for Bad Behavior

With any opportunity that seems too good to be true, there is often a fatal flaw.

That is the case with The Partnership to Build America Act, introduced by Rep. John Delaney (D-Md.), which seems to be gaining more and more support and was even embraced by President Obama in his State of the Union address.


Releases of Model for the Automatic Exchange of Financial Information Statement from FACT Coalition Director Nicole Tichon

Following today’s announcement by the OECD (Organization for Economic Co-operation and Development) of the release of their “Standard for Automatic Exchange of Financial Account Information: Common Reporting Standard,” the FACT (Financial Accountability and Corporate Transparency) Coalition released the following statement from its Director, Nicole Tichon:


FACT and Partners on Baucus International Tax Proposal: “Proposal Falls Short” Says Formal Letter to Committee Cites Three Critical Flaws

The FACT (Financial Accountability and Corporate Transparency) Coalition along with partners from small business, faith, labor and public interest groups submitted a formal response to Chairman Max Baucus (D-MT) and the Senate Finance Committee, calling his proposed changes to the international tax system as falling short “…in three critical ways and leaves room for the offshoring of jobs and profits to continue.”