Section 163(n) would protect the U.S. tax base by ending the practice in which multinational corporations take excessive interest deductions against U.S. taxable income that do not reflect commensurate investment in U.S. markets
FACT’s latest report – “Private Investments, Public Harm: How the Opacity of the Massive U.S. Private Investment Industry Fuels Corruption and Threatens National Security” – reveals a gaping hole in the U.S. anti-money laundering framework that undermines U.S. national security, jeopardizes the world’s democracies, and touches the lives of ordinary Americans.
An Overview of US International Corporate Tax Laws and a Comparison of Build Back Better Proposals to Fix Them
FACT Joins 31 Civil Society Organizations and Experts to Send a Letter to the Senate Armed Services Committee in Support of Six Bipartisan Anticorruption Measures
31 Civil Society Organizations Send Letter to FinCEN in Support of Strong Beneficial Ownership Implementation
63 Investors with $2.9 trillion in Assets Under Management Send Letter to FASB in Support of Tax Transparency