News & Events

Corporate Anonymity is a Conduit for Crime

Few people would imagine Delaware or Wyoming as potentially key players in the world of international crime and terror. But as a result of some of the most permissive corporate legal codes in the world, that appears to be a strong possibility.

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Illicit massage parlors prolific and lucrative, study finds

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.

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President’s Expected Statement on Tax Giveaway to Multinationals Is Inaccurate

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.

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Treasury Department Building

Welcome Earnings-Stripping Decision in Stark Contrast to Administration’s Tax Overhaul Proposals

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.

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