Press Releases & Statements | Page 30

Paris 2.0 — First Climate, Now U.S. Retreats from Anti-Tax Avoidance Accord

June 7, 2017

“U.S. Administration Chose to Double Down on Its Abdication of American Leadership.”
WASHINGTON, D.C. – Just one week after pulling out of the Paris Agreement to combat climate change, the U.S. administration has chosen to back away from yet another international convention — this one to combat abusive tax avoidance. Coincidentally, the tax agreement was also negotiated and signed in Paris — at the headquarters of the Organization for Economic Co-operation and Development (OECD).

Tax Plan Would Accelerate Offshore Tax Dodging

April 26, 2017

Statement by FACT Coalition on White House’s Tax Reform Outline
The Administration released an outline today of its plan to reform the corporate tax code. The signature reform is a reduction of the corporate tax rate from 35% to 15%.

On Tax Day, Tax Haven Lobby Advocating for Tax Cheats

April 18, 2017

Congress Should Reject Tax Haven Lobby’s Push to Repeal FATCA Transparency Measure
WASHINGTON, D.C. – As millions of Americans head to the post office today — this year’s deadline for filing individual tax returns — there is a stepped-up effort to make it easier for some to illegally evade paying their taxes.

New Bill Ends Offshoring — Offering Sensible Tax Reform Template

April 6, 2017

The Tax Fairness and Transparency Act Puts Domestic Businesses and Middle-Class Taxpayers First
WASHINGTON, D.C. – New legislation introduced Thursday by Rep. Mark Pocan (D-WI) takes aim at the biggest offshore tax avoidance loopholes, offering a sensible template for tax reform, according to the Financial Accountability and Corporate Transparency Coalition (FACT Coalition).

New Bills Take Aim at Offshore Tax Haven Abuse

April 5, 2017

Stop Tax Haven Abuse Act and Corporate EXIT Fairness Act Would Close Many of the Most Egregious Offshore Loopholes
WASHINGTON, D.C. – Congressional lawmakers introduced two measures Wednesday to close a number of offshore tax haven loopholes in a move welcomed by the Financial Accountability and Corporate Transparency Coalition (FACT Coalition).

One Year After Panama, Some Progress, More Must Be Done to End Anonymous Companies

April 3, 2017

FACT Coalition Statement on the One Year Anniversary of the Panama Papers Leaks
WASHINGTON, D.C. – Monday, April 3rd marks the one year anniversary of the leak of the “Panama Papers” — more than 11 million documents from a Panamanian law firm obtained by the International Consortium of Investigative Journalists (ICIJ).