With scams, frauds, and cons as prevalent as ever, a new report authored by Global Witness, with support from the FACT (Financial Accountability and Corporate Transparency) Coalition and others, thrusts anonymous American companies into the spotlight and demonstrates how crooks and the corrupt use them to rip people off.
The FACT Coalition today issued the following responses on the new actions announced by the Treasury Department to limit corporate inversions.
The FACT (Financial Accountability and Corporate Transparency) Coalition applauds the introduction of legislation that would be a helpful step towards tax fairness if enacted along with the Stop Corporate Inversions Act, which was introduced in the House and Senate in May.
The FACT (Financial Accountability and Corporate Transparency) Coalition today released the following statement on the introduction of the No Federal Contracts for Corporate Deserters Act.
With U.S. corporations fleeing, or planning to flee, the country to avoid taxes, and the Senate Finance Committee scheduled to hold hearings on the U.S. tax code with an emphasis on corporate inversions, the FACT (Financial Accountability and Corporate Transparency) Coalition supports efforts to ensure that U.S. multinational corporations remain in the country and pay their fair share of taxes.
In recognition of its efforts on corporate issues, the Financial Accountability and Corporate Transparency (FACT) Coalition was awarded the Arca Foundation’s Smith Bagley Memorial Grant.
