Small Businesses Back the Disclosure of Tax Havens and Offshore Act
Members of the small business community voice their support for the Disclosure of Tax Havens and Offshore Act (H.R. 5933).
Investors Urge Support for Disclosure of Tax Havens and Offshoring Act
Investors managing over $800 billion in assets call on Congress to increase tax transparency through public country-by-country reporting.
102 Groups Tell Congress: Support 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 Urges Congress to Support 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.”
Taxing Offshore Profits and Domestic Profits Equally Could Curb Corporate Tax Dodging
In recent days, presidential candidates Sen. Kamala Harris and New York Mayor Bill DeBlasio have called for taxing corporate profits the same whether they are earned in the United States or abroad. These calls echo the position of Sen. Bernie Sanders, who has long had a proposal along these lines. As ITEP has explained, correcting this inequity is not a mere detail but rather a sweeping reform that could end incentives for companies to shift profits and jobs offshore.
Video: Webinar on the Harms of Inadequate Disclosures of Corporate Tax Practices
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.