Country-by-Country Reporting

Tax Experts Push IRS to Expose Multinational Tax Dodging

FACT Members, Partners to Speak at Friday IRS Hearing on Proposed Country-by-Country Reporting Rule

Multinational Profit Shifting Costs Taxpayers $111 Billion per Year

WASHINGTON, DC — The Internal Revenue Service is holding a public hearing Friday morning on proposed rules to crack down on corporate tax dodging by requiring multinational companies to report to the IRS their profits earned, taxes paid, and employee numbers on a country-by-country basis.  Members and allies of the FACT Coalition are set to testify on the proposal, known as “country-by-country reporting”.

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FACT Welcomes Anti-Tax Dodging Proposal; Urges Treasury to Strengthen, Clarify Rule

FACT Coalition Submits Comments to the U.S. Department of the Treasury and the Internal Revenue Service on Proposed Country-by-Country Reporting Rule

WASHINGTON, DC – The Financial Accountability and Corporate Transparency Coalition (or FACT Coalition) submitted comments to the U.S. Department of the Treasury and the Internal Revenue Service today offering strong support for—and recommending measures to further strengthen and clarify—a proposed rule to crack down on abusive tax avoidance by multinational corporations.

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