The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to Senate Judiciary Committee Chairman Chuck Grassley and Ranking Member Dianne Feinstein in support of the Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 (S.1241). The full letter can be read below or downloaded here.
The FACT Coalition sent a letter to Senators Orrin Hatch and Ron Wyden, chairman and ranking member, respectively, of the Senate Committee on Finance, with recommendations on how to improve the international tax system ahead of the October 3, 2017 hearing on “International Tax Reform.”
The FACT Coalition joined 100 other groups in sending a letter to Congress on Monday, October 2, 2017 opposing a proposal to allow multinationals to pay low-to-no taxes on the profits they booked offshore, also known as a “territorial tax system.”
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to Sens. Wyden and Rubio thanking them for their support regarding Corporate Transparency Act (S.1717), which aims to combat terrorism and financial crimes by ending the incorporation of anonymous companies in the United States.
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to Reps. Lynch, Maloney, and King thanking them for their support regarding Aircraft Ownership Transparency Act of 2017 (H.R.3544) which aims to secure the U.S. aviation system from criminal actors and terrorists hiding behind anonymous shell companies. The full letter can be read below or downloaded here.
Sixteen members of the House of Representatives sent a letter to the Financial Accounting Standards Board (FASB), urging them to require multinational companies to be more transparent in reporting where they pay taxes and book profits. Specifically, they called on the accounting body to require that companies disclose their taxes and profits on a country-by-country basis.
