Press Releases & Statements | Page 34

After Panama Papers, Scores Descend on Capitol Urging Tax and Transparency Solutions

April 12, 2016

Former Reps. Claudine Schneider (R-RI) and Mary Jo Kilroy (D-OH) among over 70 Faith, Small Business, Law Enforcement, Local Leaders Pushing for Bi-Partisan Tax and Transparency Policies
WASHINGTON, D.C. – Following the recent exposé dubbed the “Panama Papers,” a bi-partisan grouping of more than 70 faith leaders, small business owners, local leaders, and public interest advocates from 25 states will be on Capitol Hill this week to urge lawmakers to support tax and transparency legislation that benefits small businesses, taxpayers, and vulnerable communities.

FACT Coalition Welcomes Gary Kalman as New Executive Director

April 11, 2016

Seasoned Policy Strategist Looks to Elevate Coalition in Wake of Panama Papers
WASHINGTON, D.C. – The FACT (Financial Accountability and Corporate Transparency) Coalition today welcomed aboard Gary Kalman as FACT’s new executive director, effective Monday, April 11, 2016.

FACT Coalition Applauds Move by Treasury to Curb Harmful Inversions and Earnings Stripping

April 5, 2016

Statement of Clark Gascoigne, Interim Executive Director, Financial Accountability and Corporate Transparency (FACT) Coalition
Note: Yesterday evening the U.S. Department of Treasury announced regulatory actions to further limit the ability of multinational corporations to benefit from the tax avoidance maneuvers known as “inversions” and “earnings stripping.”

WASHINGTON, DC – Clark Gascoigne, the Interim Executive Director of the Financial Accountability and Corporate Transparency (FACT) Coalition, issued the following statement today reacting to the announcement of new measures by the U.S. Department of the Treasury to counter corporate tax inversions:

Spokespeople Available: Leaked #PanamaPapers Expose Deadly World of Anonymous Shell Companies

April 4, 2016

U.S. the 2nd Easiest Place in the World to Open Anonymous Shell Companies to Launder Money
70+ Faith Leaders, Small Business Owners, Citizen-Lobbyists Headed to Washington Next Week to Call on Lawmakers to End Abuse of Anonymous Companies
WASHINGTON, DC — A trove of more than 11 million documents from a Panamanian law firm leaked to the International Consortium of Investigative Journalists shows the deadly, devastating toll that anonymous companies take on the world, highlighting the need for U.S. action, according to the Financial Accountability and Corporate Transparency (FACT) Coalition.

FACT Welcomes Anti-Tax Dodging Proposal; Urges Treasury to Strengthen, Clarify Rule

March 22, 2016

FACT Coalition Submits Comments to the U.S. Department of the Treasury and the Internal Revenue Service on Proposed Country-by-Country Reporting Rule
WASHINGTON, DC – The Financial Accountability and Corporate Transparency Coalition (or FACT Coalition) submitted comments to the U.S. Department of the Treasury and the Internal Revenue Service today offering strong support for—and recommending measures to further strengthen and clarify—a proposed rule to crack down on abusive tax avoidance by multinational corporations.

Tax Reform Should Close Offshore Loopholes, End Tax Haven Abuse

February 24, 2016

FACT Coalition Submits Comments to House Ways and Means Committee Ahead of International Tax Reform Hearing
WASHINGTON, D.C. – Ahead of a planned hearing on international tax reform, the FACT (Financial Accountability and Corporate Transparency) Coalition today submitted comments to the U.S. House Committee on Ways and Means urging lawmakers to focus reform efforts on closing offshore loopholes and ending tax haven abuse.