61 labor and advocacy organizations are calling on Congress to pass the No Tax Breaks for Outsourcing Act, which levels the playing field for American small businesses by removing incentives in the tax code that reward major multinationals for offshoring and profit shifting.
FACT submits comments praising Treasury’s revised beneficial ownership reporting form, and suggests small changes to help improve user experience and increase the usefulness of reported information for law enforcement.
FACT’s new report, “Dirty Money and the Destruction of the Amazon,” draws on interviews with diverse stakeholders to show how U.S. financial secrecy facilitates environmental crimes in Peru and Colombia, and lays out a comprehensive U.S. reform agenda.
El nuevo informe de FACT se basa en entrevistas con activistas locales y regionales, líderes indígenas, expertos en lucha contra el lavado de dinero y funcionarios gubernamentales en Perú, Colombia y los Estados Unidos para mostrar cómo el secreto financiero contribuye a facilitar estos delitos.
Progress on public country-by-country in jurisdictions around the globe continues to reinforce the need for decisive action by the Securities and Exchange Commission to set a consistent, strong standard for multinational public tax reporting.
FACT welcomes the Australian Senate’s introduction of important updates to disclosure requirements surrounding the subsidiaries of public companies, and recommends that Parliament swiftly introduce final legislation to mandate public country-by-country reporting.