While the 2025 tax law’s international tax provisions have been labelled “America-first”, in reality, most of the changes will lower the effective tax rates multinationals pay on foreign income, further incentivizing the movement of investment and income abroad.
Read FACT’s comments to Treasury on the final reporting form that will be used by covered entities and individuals under groundbreaking new anti-money laundering regulations for all-cash real estate purchases.
FACT submits a comment to FinCEN calling for the withdrawal of the interim final rule that exempts U.S. entites from reporting beneficial ownership information.
Read FACT’s official statement for the record submitted ahead of Tuesday’s HFSC subcommittee hearing on fraud prevention, including comments in opposition to H.R. 425. the Repealing Big Brother Overreach Act, which would fully repeal the Corporate Transparency Act.
FACT welcomes the release by Treasury of a proposed form that will be used by covered entities to submit information on the true beneficiaries of certain real estate purchases, pursuant to groundbreaking new anti-money laundering regulations.
FACT urges appropriators to oppose a harmful House measure that would deny funding to the nation’s accounting standards setter unless it withdraws a long-awaited corporate income tax disclosure rule.
