Just the FACTs: July 29, 2020
2020 is turning out to be an eventful year in the fight against corrupt financial practices.
House Adds Measure Ending Anonymous Companies to Annual Defense Bill
The U.S. House of Representatives voted Monday to attach a major measure updating federal anti-money laundering laws and ending the incorporation of anonymous companies in the U.S. to the annual National Defense Authorization Act.
Apple’s EU Ruling Underscores Need to Change Laws to Combat Tax Avoidance
The FACT Coalition issued a statement on the European Union court ruling overturning a 2016 decision that found that Apple had received illegal tax breaks from Ireland.
New Bill Would Prevent COVID Aid from Bailing Out “Inverted” Corporations
Sen. Durbin and Rep. Doggett’s bill provides a critical safeguard against corporate abuse at this time of national crisis.
Video: FACT Weighs in during OECD Consultation in favor of Public Country-by-Country Reporting
On May 12, Clark Gascoigne, Interim Executive Director of the FACT Coalition, offered remarks during the Organization for Economic Cooperation and Development’s public consultation on BEPS Action 13, which addresses country-by-country tax reporting. His comments underscored both the need and public momentum for making such reports public.
FACT Coalition Welcomes Erica Hanichak as Government Affairs Director
The FACT Coalition announced that Erica Hanichak has joined its team as the new Government Affairs Director.