Press Releases & Statements | Page 39

FACT Coalition Urges Congress to Reject Permanent Extension of “Egregious” Tax Loopholes

September 16, 2015

House Ways and Means Committee Set to Consider Enshrining “CFC Look-Through Rule” and “Active Financing Exemption” Thursday
Unpaid-for Corporate Giveaways to Cost American Taxpayers $100 Billion
WASHINGTON, DC – The Financial Accountability and Corporate Transparency (FACT) Coalition called on Members of Congress today to strongly reject pending legislation that would cost American taxpayers $100 billion over the next decade by enshrining egregious tax loopholes which reward multinational companies for artificially shifting profits overseas.

Tax Extenders Would Renew Two Wasteful Tax Haven Loopholes U.S. Cannot Afford These Special Interest Spending Earmarks

July 21, 2015

The FACT (Financial Accountability and Corporate Transparency) Coalition is today calling on Congress to reject two tax extenders that are nothing more than offshore loopholes which allow U.S. companies to dodge billions worth of taxes.

Rich Countries Chose the Interests of the Powerful Over the Needs of the People in Rejecting U.N. Tax Body

July 17, 2015

The FACT (Financial Accountability and Corporate Transparency) Coalition today expressed its frustration and disappointment over a missed opportunity to form a United Nations Intergovernmental Tax Body as participants at the 3rd Financing for Development Conference (FfD) in Addis Ababa, Ethiopia failed to come to an agreement.

A Tax Avoidance Christmas Wish List for Multinationals

July 10, 2015

The FACT (Financial Accountability and Corporate Transparency) Coalition today released the following statement on the release by the Senate Finance Committee International Tax Bipartisan Tax Working Group Report. The statement is from Executive Director Rebecca Wilkins:

FACT Honors Senator Grassley for Work on Corporate Transparency

June 24, 2015

Award is Part of Training Session Held to Educate, Motivate Activists
Des Moines, IA – Capping the first day of its two-day training sessions in Iowa, the FACT (Financial Accountability and Corporate Transparency) Coalition today honored Senator Charles Grassley (R-IA) with an award marking its appreciation of his efforts in to make corporate ownership more transparent.

Monsanto Showing Itself Out of the Show Me State? 114 Years in Missouri Ignored as Multinational Gets Ready to Invert

June 10, 2015

The FACT (Financial Accountability and Corporate Transparency) Coalition is expressing its sadness and outrage over Monsanto’s plan to acquire Switzerland-based Syngenta, as the agricultural multinational corporation would be surrendering its 114-year history in the state of Missouri and, at least on paper, move overseas.