Houston hosts hundreds of massage parlors described in sleazy online sex forums like RubMaps.com that generate about $107 million in illicit revenues each year, according to a new study by Vanessa Bouche, a Texas Christian University political science professor and human trafficking expert.
History Shows Tax Giveaways on Offshore Profits Neither Create Jobs nor Spur Investment
WASHINGTON, D.C. — The president is expected to claim in a speech Wednesday afternoon that a zero percent tax rate for multinational corporations that book profits offshore and a tax holiday for those multinationals that have already booked stockpiles of money offshore will increase the pay of the average American household by $4,000 — an erroneous notion according to the FACT Coalition.
Alternative Group of Lawmakers Unveils Proposals that Would End the Offshore Gaming
WASHINGTON, D.C. — The Treasury Department announced that it would maintain an important rule to curb offshore tax avoidance Wednesday, a move that stands in contrast to the administration’s proposals to make it easier to avoid taxes by booking profits offshore, according to the FACT Coalition.
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) testified in front of the U.S. Commission on Security and Cooperation in Europe or the Helsinki Commission at a hearing on combating kleptocracy with incorporation transparency.
GOP Leadership’s Proposal for a “Territorial Tax System” Would Encourage Corporations to Send Jobs Offshore and Avoid Paying Taxes
WASHINGTON, D.C. — Today, over 100 organizations sent a letter urging members of Congress to reject a proposal that would allow U.S. multinational corporations to pay little to nothing on their offshore profits.
Administration and Congressional Leaders Unveil Plan to Allow Multinationals to Pay Little-to-No Taxes on Profits Booked Offshore at Expense of U.S. Businesses and U.S. Taxpayers
WASHINGTON, D.C. — The White House and congressional leaders unveiled a joint tax plan today that would allow multinational corporations to pay little-to-no taxes on the profits they book offshore.
