The FACT Coalition along with 10 other organizations filed a comment on April 4, 2016 with the Department of the Treasury to finalize the proposed rule issued by the Financial Crimes Enforcement Network (FinCEN) to impose anti-money laundering and suspicious activity reporting requirements on registered investment advisers. The full letter can be read below or downloaded here.
The Honorable Jacob J. Lew
Secretary of the Treasury
U.S. Department of the Treasury
1500 Pennsylvania Avenue, NW
Washington, DC 20220
Dear Secretary Lew,
On behalf of the Financial Accountability and Corporate Transparency (FACT) Coalition, I am writing to urge the Department of the Treasury to take all measures within its authority to curtail the ability of corporations to avoid paying taxes by engaging in corporate inversions. Explicitly, FACT believes that the Treasury Department could take further steps to prevent inversions through the use of its regulatory authority under Sections 956 and 7701 of the U.S. Tax Code.
The FACT Coalition submitted the below comments to the U.S. Department of the Treasury and the Internal Revenue Service regarding a proposed country-by-country reporting rule.
The FACT Coalition sent the attached letter to U.S. Treasury Secretary Jack Lew on July 14, 2014 ahead of the Third Financing for Development Conference in Addis Ababa, Ethiopia.
The FACT Coalition submitted the attached comments to the U.S. Treasury Department in December 2014 regarding the Department’s guidance on corporate tax inversions.
The FACT Coalition submitted the attached comment to the U.S. Treasury Department’s Financial Crimes Enforcement Network in October 2014 regarding FinCEN’s notice of proposed rule making for customer due diligence procedures for financial institutions.
