Amazon shareholders backed a shareholder proposal calling for increased tax transparency by the company at its annual general meeting on Wednesday. This is the first time such a shareholder proposal has gone for a vote.
Tax and climate activists have a rare opportunity to join forces on public country-by-country reporting, a key tool to ending the global race to the bottom and unveiling unsustainable business practices.
A group of investors representing more than $1 trillion assets under management signed a letter to the Financial Accounting Standards Board, urging FASB to reconsider the Exposure Draft and support country-by-country reporting.
On May 7th and 8th, 2019, AFSCME, the Emerging Markets Investors Alliance, the FACT Coalition, Oxfam, and the Transparency & Accountability Initiative hosted a webinar on the harms of inadequate disclosures of corporate tax practices. Moderated by Gary Kalman, Executive Director of FACT Coalition, the webinar featured an expert panel that included, Ty Gellasch, founder of Myrtle Makena and former Senior Counsel to the Senate Permanent Sub-Committee on Investigations, Nicholas Lusiani, Senior Advisor at Oxfam America, Robert M. Wilson, Jr., investment officer and research analyst at MFS Investment Management, and Richard Phillips, former senior policy analyst at the Institute on Taxation and Economic Policy.
The FACT Coalition joined Americans for Tax Fairness, Public Citizen, Global Financial Integrity and others to send a letter to GRI supporting the “Tax and Payments to Governments” exposure draft. The full letter can be read below or downloaded here.
More Than Two Dozen Institutional Investors sent a letter to GRI supporting the “Tax and Payments to Governments” exposure draft. The full letter can be read below or downloaded here.
