Treasury advances long-awaited anti-money laundering rules for U.S. real estate, and the European Union dramatically expands access to beneficial ownership registries, among other AML reforms.
Progress on public country-by-country in jurisdictions around the globe continues to reinforce the need for decisive action by the Securities and Exchange Commission to set a consistent, strong standard for multinational public tax reporting.
The FACT Coalition issued a statement on the European Union court ruling overturning a 2016 decision that found that Apple had received illegal tax breaks from Ireland.
The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to members of the European Parliament in support of an amendment; which would make corporate tax disclosures public. The full letter can be read below or downloaded here.
