More than 100 investors, small business associations, NGOs, and unions have voiced their support for country by country reporting of important financial information.
Members of the small business community voice their support for the Disclosure of Tax Havens and Offshore Act (H.R. 5933).
Investors managing over $800 billion in assets call on Congress to increase tax transparency through public country-by-country reporting.
102 nonprofit labor, civil rights, and environmental, and other NGOs urge Congress to support public country-by-country reporting.
Transparency International says the Disclosure of Tax Havens and Offshoring Act (H.R. 5933) will “lift the veil of secrecy on certain payments to governments by large multinational companies.”
The FACT Coalition sent a letter to the U.S. Securities and Exchange Commission voicing concerns that the proposed SEC rule does not currently align itself with the emerging global standards around transparency of tax and payments to governments.