The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to House lawmakers Friday urging them to oppose the “Infrastructure 2.0 Act” (H.R.1670), which is sponsored by Rep. John Delaney (D-MD).
Tax haven abuse undermines the fairness of our tax code. By shifting profits to offshore tax havens, multinational corporations avoid over $100 billion in taxes each year. Wealthy individuals evade an estimated $40 to $70 billion. The Stop Tax Haven Abuse Act of 2017 (S. 851/H.R. 1932) will close many of the loopholes that allow multinational companies and the wealthy to play by a different set of rules than the rest of us.
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) submitted the below comments to the General Services Administration (GSA), in response to RFI #ID15170001, urging the agency to adopt a non-proprietary, open identifier system for use in federal procurement that includes the collection of information on the real people who own and control bidders of federal contracts and grants (also known as ‘beneficial owners’).
The FACT Coalition sent a letter to House lawmakers Friday urging them to oppose H.J.Res.54, a controversial measure which would repeal an important safeguard against offshore tax haven abuse—specifically, the practice of earnings stripping.
The FACT Coalition sent a letter to House lawmakers Tuesday urging them to oppose the “Partnership to Build America Act,” or similar successor legislation, which is expected to be re-introduced by Rep. John Delaney (D-MD) in the near future.
The FACT Coalition sent a letter to House lawmakers Monday urging them to oppose the “Infrastructure 2.0 Act,” or similar successor legislation, which is expected to be re-introduced by Rep. John Delaney (D-MD) in the near future.
