News & Events

Remarks on Press Call about Nike Shareholder Resolution on Responsible Tax Practices

Clark Gascoigne, the deputy director of the Financial Accountability and Corporate Transparency Coalition (FACT Coalition) delivered remarks on a press call with reporters as the AFL-CIO and Domini Impact Investments announced that they were filing a shareholder resolution with Nike calling for responsible tax practices in the wake of the Paradise Papers leak.

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Sen. Johnson (R-WI): Senate Tax Bill Incentivizes Offshoring of Jobs and Production

Coalition Welcomes Wisconsin Senator’s Remarks in Opposition to Tax Plan
WASHINGTON, D.C. — In announcing his opposition to the Senate tax plan Wednesday, Sen. Ron Johnson (R-WI) mentioned that the bill’s shift to a so-called “territorial” tax system — whereby corporations are not taxed on their offshore profits — is one of the things that concerns him.

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House Guts Safeguard, Increases Offshoring Incentives in Tax Bill

FACT Coalition Spokespeople Available to Comment on Tax Bills and Paradise Papers
WASHINGTON, D.C. — The U.S. House Ways and Means Committee’s amendments to the proposed tax legislation Monday evening nearly eliminated a safeguard in the tax bill meant to discourage some shifting of profits offshore by multinational corporations according to a score by Congress’s Joint Committee on Taxation.

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New Offshore Leak Raises Concerns about House Tax Bill

Lawmakers Must Investigate How Proposed Legislation Will Address Offshore Loopholes Highlighted in New ‘Paradise Papers’ Leak
WASHINGTON, D.C. — A new leak of documents from an offshore law firm, published by an international network of news outlets Sunday, expose a number of tax avoidance techniques used by the wealthy and multinational corporations to avoid taxes.

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House Bill a Gift to Offshore Tax Dodgers and Outsourcers

WASHINGTON, D.C. — The U.S. House Ways and Means Committee unveiled legislation Thursday that would overhaul the U.S. tax system.  According to the FACT Coalition, the bill would reward corporations that have shifted profits to tax havens.

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