More than 100 investors, small business associations, NGOs, and unions have voiced their support for country by country reporting of important financial information.
Requiring multinational corporations to publicly report basic financial information on a country-by-country basis will reduce the abuse of tax havens and help investors assess tax-related risk.
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.”