Are you over 18 and want to see adult content?
More Annotations
A complete backup of algolia-demo.myshopify.com
Are you over 18 and want to see adult content?
Life Architect | Odkryj radość życia!
Are you over 18 and want to see adult content?
Trayectoria del Huracán
Are you over 18 and want to see adult content?
Online Shopping Store - Sarees, Suits, Lehengas, Mens Wear, Kids Wear, Jewellery at Ninecolours
Are you over 18 and want to see adult content?
Grupo de Estudios sobre Seguridad Internacional. Universidad de Granada
Are you over 18 and want to see adult content?
A complete backup of backyardbrains.com
Are you over 18 and want to see adult content?
Cheshire Live - News, Sport, events in Chester and around Cheshire
Are you over 18 and want to see adult content?
Gifts For Her Special Wedding Anniversary From Eternity Rose
Are you over 18 and want to see adult content?
Home | Ohio Generator Experts
Are you over 18 and want to see adult content?
Favourite Annotations
A complete backup of uitagendarotterdam.nl
Are you over 18 and want to see adult content?
A complete backup of testyourtiredself.com.au
Are you over 18 and want to see adult content?
A complete backup of zonabatchid.blogspot.com
Are you over 18 and want to see adult content?
A complete backup of viewhousesintoronto.com
Are you over 18 and want to see adult content?
A complete backup of freemoviesmix300.blogspot.com
Are you over 18 and want to see adult content?
A complete backup of redondossubtitulados.com.ar
Are you over 18 and want to see adult content?
A complete backup of nordicsheepskin.com
Are you over 18 and want to see adult content?
Text
Statements.
BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. LEADERSHIP | THE FACT COALITION Leadership. The work of the FACT Coalition and its staff is directed by a Steering Committee of core member organizations, which meet quarterly. A subset of four individual representatives from the Steering Committee are known as the Executive Committee. The day-to-day research, analysis, advocacy, and educational work of thecoalition is
FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
66 INVESTORS WITH $2.9 TRILLION IN ASSETS UNDER MANAGEMENT 66 Investors with $2.9 Trillion in Assets Under Management Support the Disclosure of Tax Havens and Offshoring Act LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. LEADERSHIP | THE FACT COALITION Leadership. The work of the FACT Coalition and its staff is directed by a Steering Committee of core member organizations, which meet quarterly. A subset of four individual representatives from the Steering Committee are known as the Executive Committee. The day-to-day research, analysis, advocacy, and educational work of thecoalition is
FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
66 INVESTORS WITH $2.9 TRILLION IN ASSETS UNDER MANAGEMENT 66 Investors with $2.9 Trillion in Assets Under Management Support the Disclosure of Tax Havens and Offshoring Act LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
FACT SHEET: A BRIEF SUMMARY OF THE ANTI-MONEY LAUNDERING The Anti-Money Laundering Act would end the abuse of anonymous companies and has the support of the business community, national security experts, and law enforcement. FACT MEMO TO BIDEN-HARRIS PRESIDENTIAL TRANSITION TEAM Summary . To advance core aims of the Biden platform — including building a stronger and fairer American economy, restoring American leadership on the global stage, defending our national security, strengthening our health sector, and combating the existential threat of climate change — we must advance corporate and financial transparency and tax reforms to ensure everyone is doing their IT’S TAX TIME…FOR SOME Today is May 17, which due to an IRS extension is this year’s tax day. The annual deadline comes as a reminder that–while most of us scramble to pay what we owe–some of the wealthiest among us pay little to nothing in taxes. CORPORATE TAX DISCLOSURE BILL CHARGES FORWARD: JUST THE The FACT Coalition also led the push to support the bill, garnering the support of representatives of small businesses, nearly one hundred civil society organizations, and scores of investors representing a whopping $2.9 trillion dollars of assets under management.With a $2.1 trillion increase from a similar letter last year, investors are increasingly rallying around a message of tax 97 NONPROFIT ORGANIZATIONS SUPPORT THE DISCLOSURE OF TAX 97 Nonprofit Organizations Support the Disclosure of Tax Havens and Offshoring Act (H.R. 3007 / S. 1545) 96 NONPROFIT ORGANIZATIONS SUPPORT THE DISCLOSURE OF TAX Page 1 of 6 96 Nonprofit Organizations Support the Disclosure of Tax Havens and Offshoring Act (H.R. 3007) May 11, 2021 RE: The Disclosure of Tax Havens and Offshoring Act (H.R. 3007) LANDMARK BILL ENDING ANONYMOUS U.S. COMPANIES IS ENACTED Historic Anti-Corruption Reform Becomes Law after More than a Decade-Long Campaign. WASHINGTON, D.C. — An historic anti-corruption measure ending anonymous companies in the United States became law on Friday, capping a more than decade-long campaign by transparency advocates, after both Chambers of Congress voted to override the president’s veto of the annual defense bill. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
WHAT DOES THE US ELECTION RESULT MEAN FOR ANTI-MONEY What does the US election result mean for anti-money laundering efforts? The biggest vulnerability in the global anti-money laundering regime is the incorporation of anonymous shell companies. These opaque structures have a well-documented history of being used to undermine human rights and international security. THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The FACT Coalition offered a blueprint to the Biden Administration on how the Treasury Department should draft the rule for a landmark anti-corruption and anti-money laundering law, the Corporate Transparency Act, enacted by Congress in January. CAREERS | THE FACT COALITION Internship Opportunities Policy Intern. Preferred Location: Washington, DC, USA (Remote work options possible) Fall Term: August to December (Start and End Dates Flexible) Application Deadline: July 15, 2021 Salary: $15/hr for 20+ hours per week The FACT Coalition is looking for an intelligent, energetic, and resourceful Policy Intern to help with the Coalition’s communications, advocacy THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS Human trafficking is one of the most insidious crimes in our world today. It’s a business that profits on depriving basic rights — buying and selling them for forced labor or sexual exploitation. FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX 13 Senators sent a letter to the Financial Accounting Standards Board to urge them to boost tax transparency. The full letter can be read below or downloaded here.. Download Letter as PDF 64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER Download as PDF. FACT Sheet Treasury’s CDD Rule: One Piece to a Larger Puzzle. Drug traffickers, corrupt officials, rogue nations seeking to evade sanctions, terrorists, and other criminals use anonymous companies to hide the money they steal and maintain thepower they hold.
THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The FACT Coalition offered a blueprint to the Biden Administration on how the Treasury Department should draft the rule for a landmark anti-corruption and anti-money laundering law, the Corporate Transparency Act, enacted by Congress in January. CAREERS | THE FACT COALITION Internship Opportunities Policy Intern. Preferred Location: Washington, DC, USA (Remote work options possible) Fall Term: August to December (Start and End Dates Flexible) Application Deadline: July 15, 2021 Salary: $15/hr for 20+ hours per week The FACT Coalition is looking for an intelligent, energetic, and resourceful Policy Intern to help with the Coalition’s communications, advocacy THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS Human trafficking is one of the most insidious crimes in our world today. It’s a business that profits on depriving basic rights — buying and selling them for forced labor or sexual exploitation. FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX 13 Senators sent a letter to the Financial Accounting Standards Board to urge them to boost tax transparency. The full letter can be read below or downloaded here.. Download Letter as PDF 64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER Download as PDF. FACT Sheet Treasury’s CDD Rule: One Piece to a Larger Puzzle. Drug traffickers, corrupt officials, rogue nations seeking to evade sanctions, terrorists, and other criminals use anonymous companies to hide the money they steal and maintain thepower they hold.
CAREERS | THE FACT COALITION Internship Opportunities Policy Intern. Preferred Location: Washington, DC, USA (Remote work options possible) Fall Term: August to December (Start and End Dates Flexible) Application Deadline: July 15, 2021 Salary: $15/hr for 20+ hours per week The FACT Coalition is looking for an intelligent, energetic, and resourceful Policy Intern to help with the Coalition’s communications, advocacy BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Earlier this month, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) closed the first round of public comment ahead of the rulemaking on the historic, bipartisan Corporate Transparency Act (CTA), passed this year by Congress to end the abuse of LEADERSHIP | THE FACT COALITION The work of the FACT Coalition and its staff is directed by a Steering Committee of core member organizations, which meet quarterly. A subset of four individual representatives from the Steering Committee are known as the Executive Committee. FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING Transparency International has issued on a factsheet on the importance of anti-corruption measures, including beneficial ownership disclosure, in formulating a response to 64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER Download as PDF. FACT Sheet Treasury’s CDD Rule: One Piece to a Larger Puzzle. Drug traffickers, corrupt officials, rogue nations seeking to evade sanctions, terrorists, and other criminals use anonymous companies to hide the money they steal and maintain thepower they hold.
IT’S TAX TIME…FOR SOME Today is May 17, which due to an IRS extension is this year’s tax day. The annual deadline comes as a reminder that–while most of us scramble to pay what we owe–some of the wealthiest among us pay little to nothing in taxes. AS REPRESENTATIVES OF AMERICA’S 30 MILLION SMALL The high levels of tax avoidance by large corporations, is estimated by the U.S. Treasury Department to cost the U.S. at least $60 billion a year in lost revenues.2 This corporate tax avoidance harms small business competitiveness — increasing the risks to the largerbusiness
POTENTIAL CRIMINALS WELL BEFORE THERE ARE ANY ATTEMPTS TO potential criminals well before there are any attempts to illegally conceal money through hidden transactions. As the National Defense Authorization Act for Fiscal Year 2021 (NDAA) is negotiated, we urge the inclusion of such provisions that require the nonpublic disclosureof
FACT SHEET: DIFFERENCES IN BENEFICIAL OWNERSHIP LEGISLATION FACT Sheet Updated: August 2017 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
TRENDING TOWARD TRANSPARENCY FACT Coalition Trending Toward Transparency: The Rise of Public Country-by-Country Reporting v Executive Summary There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
TRENDING TOWARD TRANSPARENCY FACT Coalition Trending Toward Transparency: The Rise of Public Country-by-Country Reporting v Executive Summary There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Earlier this month, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) closed the first round of public comment ahead of the rulemaking on the historic, bipartisan Corporate Transparency Act (CTA), passed this year by Congress to end the abuse of FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
LEADERSHIP | THE FACT COALITION Leadership. The work of the FACT Coalition and its staff is directed by a Steering Committee of core member organizations, which meet quarterly. A subset of four individual representatives from the Steering Committee are known as the Executive Committee. The day-to-day research, analysis, advocacy, and educational work of thecoalition is
CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational 64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
IT’S TAX TIME…FOR SOME Today is May 17, which due to an IRS extension is this year’s tax day. The annual deadline comes as a reminder that–while most of us scramble to pay what we owe–some of the wealthiest among us pay little to nothing in taxes. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
AS REPRESENTATIVES OF AMERICA’S 30 MILLION SMALL The high levels of tax avoidance by large corporations, is estimated by the U.S. Treasury Department to cost the U.S. at least $60 billion a year in lost revenues.2 This corporate tax avoidance harms small business competitiveness — increasing the risks to the largerbusiness
POTENTIAL CRIMINALS WELL BEFORE THERE ARE ANY ATTEMPTS TO potential criminals well before there are any attempts to illegally conceal money through hidden transactions. As the National Defense Authorization Act for Fiscal Year 2021 (NDAA) is negotiated, we urge the inclusion of such provisions that require the nonpublic disclosureof
FACT SHEET: DIFFERENCES IN BENEFICIAL OWNERSHIP LEGISLATION FACT Sheet Updated: August 2017 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
TRENDING TOWARD TRANSPARENCY FACT Coalition Trending Toward Transparency: The Rise of Public Country-by-Country Reporting v Executive Summary There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Biden’s Treasury Department has heard from the public following their advanced notice of proposed rulemaking (ANPRM). Now FinCEN must craft a strong rule to end anonymous U.S. companies. RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
TRENDING TOWARD TRANSPARENCY FACT Coalition Trending Toward Transparency: The Rise of Public Country-by-Country Reporting v Executive Summary There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW Earlier this month, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) closed the first round of public comment ahead of the rulemaking on the historic, bipartisan Corporate Transparency Act (CTA), passed this year by Congress to end the abuse of FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
LEADERSHIP | THE FACT COALITION Leadership. The work of the FACT Coalition and its staff is directed by a Steering Committee of core member organizations, which meet quarterly. A subset of four individual representatives from the Steering Committee are known as the Executive Committee. The day-to-day research, analysis, advocacy, and educational work of thecoalition is
CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational 64 INVESTORS WITH NEARLY $2.9 TRILLION IN ASSETS UNDER 64 Investors with Nearly $2.9 Trillion in Assets Under Management Show Support for the Disclosure of Tax Havens and Offshoring Act May 11,2021
IT’S TAX TIME…FOR SOME Today is May 17, which due to an IRS extension is this year’s tax day. The annual deadline comes as a reminder that–while most of us scramble to pay what we owe–some of the wealthiest among us pay little to nothing in taxes. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
AS REPRESENTATIVES OF AMERICA’S 30 MILLION SMALL The high levels of tax avoidance by large corporations, is estimated by the U.S. Treasury Department to cost the U.S. at least $60 billion a year in lost revenues.2 This corporate tax avoidance harms small business competitiveness — increasing the risks to the largerbusiness
POTENTIAL CRIMINALS WELL BEFORE THERE ARE ANY ATTEMPTS TO potential criminals well before there are any attempts to illegally conceal money through hidden transactions. As the National Defense Authorization Act for Fiscal Year 2021 (NDAA) is negotiated, we urge the inclusion of such provisions that require the nonpublic disclosureof
FACT SHEET: DIFFERENCES IN BENEFICIAL OWNERSHIP LEGISLATION FACT Sheet Updated: August 2017 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
FACT SENT COMMENTS TO FINCEN ON AML PROGRAM EFFECTIVENESS The Financial Accountability and Corporate Transparency (FACT) Coalition appreciates the opportunity to comment on the Financial Crimes Enforcement Network’s (FinCEN) advanced notice of proposed rulemaking (ANPRM) with respect to anti-money laundering (AML) program effectiveness. The FACT Coalition is a non-partisan alliance of morethan 100
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) US CHAMBER OF COMMERCE OFFERS HISTORIC BACKING OF The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
WHAT DOES THE US ELECTION RESULT MEAN FOR ANTI-MONEY What does the US election result mean for anti-money laundering efforts? The biggest vulnerability in the global anti-money laundering regime is the incorporation of anonymous shell companies. These opaque structures have a well-documented history of being used to undermine human rights and international security. HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
FACT SENT COMMENTS TO FINCEN ON AML PROGRAM EFFECTIVENESS The Financial Accountability and Corporate Transparency (FACT) Coalition appreciates the opportunity to comment on the Financial Crimes Enforcement Network’s (FinCEN) advanced notice of proposed rulemaking (ANPRM) with respect to anti-money laundering (AML) program effectiveness. The FACT Coalition is a non-partisan alliance of morethan 100
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency FACT SHEET: A BRIEF SUMMARY OF THE CORPORATE TRANSPARENCY A Brief Summary of The Corporate Transparency Act of 2019. Resources. FACT Sheet: A Brief Summary of The Corporate Transparency Act (Title LXIV of the NDAA, H.R. 6395) US CHAMBER OF COMMERCE OFFERS HISTORIC BACKING OF The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is LETTER FROM 13 SENATORS PUSHING FASB TO BOOST TAX Download Letter as PDF. September 30, 2019. Mr. Russell G. Golden Chair. Financial Accounting Standards Board 401 Merritt 7. PO Box 5116. Norwalk, CT 06856-5116. Dear Chair Golden: Re: File Reference No. 2019-500: Comments on the Revised Exposure Draft for the Proposed Accounting Standards Update to Income Taxes (Topic 740) Thank you forthe
WHAT DOES THE US ELECTION RESULT MEAN FOR ANTI-MONEY What does the US election result mean for anti-money laundering efforts? The biggest vulnerability in the global anti-money laundering regime is the incorporation of anonymous shell companies. These opaque structures have a well-documented history of being used to undermine human rights and international security. HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to ABOUT US | THE FACT COALITION The Financial Accountability and Corporate Transparency (FACT) Coalition is a non-partisan alliance of more than 100 state, national, and international organizations working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. LEADERSHIP | THE FACT COALITION Leadership. The work of the FACT Coalition and its staff is directed by a Steering Committee of core member organizations, which meet quarterly. A subset of four individual representatives from the Steering Committee are known as the Executive Committee. The day-to-day research, analysis, advocacy, and educational work of thecoalition is
CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational US CHAMBER OF COMMERCE OFFERS HISTORIC BACKING OF The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to RE: BENEFICIAL OWNERSHIP INFORMATION REPORTING 1225 Eye St. NW, Suite 600 | Washington, DC | 20005 | USA +1 (202) 827-6401 | @FACTCoalition | www.thefactcoalition.org May 5, 2021 . Mr.Michael Mosier
96 NONPROFIT ORGANIZATIONS SUPPORT THE DISCLOSURE OF TAX Page 1 of 6 96 Nonprofit Organizations Support the Disclosure of Tax Havens and Offshoring Act (H.R. 3007) May 11, 2021 RE: The Disclosure of Tax Havens and Offshoring Act (H.R. 3007) FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
FACT SHEET: OFFSHORE TAX HAVEN ABUSE BY THE NUMBERS Download as PDF. Offshore Tax Haven Abuse by the Numbers. $129 billion to $205 billion: Amount that U.S. taxpayers lose in federal revenue to offshore tax haven abuse each year.. $94 billion to $135 billion: Lost U.S. revenue from offshore profit shifting by multinational corporations annually. $35 billion to $70 billion: Lost U.S. revenue to tax evasion by wealthy individuals annually. SUBMITTED VIA HTTP://WWW.REGULATIONS May 5, 2021 Mr. Michael Mosier Acting Director Financial Crimes Enforcement Network U.S. Department of the Treasury P.O. Box 39Vienna, VA 22183
THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
ABOUT US | THE FACT COALITIONSEE MORE ON THEFACTCOALITION.ORGTAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to BRIEFING MEMO: IRS DOES NOT COLLECT BENEFICIAL OWNERSHIP The FACT Coalition sent this memo to explain concerns with an IRS approach to collecting beneficial ownership information. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOG The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
ABOUT US | THE FACT COALITIONSEE MORE ON THEFACTCOALITION.ORGTAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to BRIEFING MEMO: IRS DOES NOT COLLECT BENEFICIAL OWNERSHIP The FACT Coalition sent this memo to explain concerns with an IRS approach to collecting beneficial ownership information. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
ABOUT US | THE FACT COALITION Who We Are. The Financial Accountability and Corporate Transparency (FACT) Coalition is a non-partisan alliance of more than 100 state, national, and international organizations working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. ISSUES | THE FACT COALITION Issues. The FACT Coalition is working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. Below is a list of the specific issue ares where we are currently focusing ourefforts.
TAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
STAFF | THE FACT COALITION Jacob Wills. Jacob Wills is the communications and operations associate at the FACT Coalition, based in Washington, DC. Prior to working with FACT, Jacob directed issue-based campaigns that raised over $750,000 for progressive organizations including Environment America and U.S. PIRG. He used grassroots organizing to build supportand raise
CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinationalFIGHT TAX EVASION
Fight Tax Evasion. Tax evasion from wealthy individuals using a variety of offshore schemes, including hiding assets in foreign bank accounts, robs U.S. taxpayers of tens of billions of dollars per year — and the costs for developing countries are even worse. A growing global norm in favor of transparency can ensure that all are heldequally
JACOB WILLS
Jacob Wills is the communications and operations associate at the FACT Coalition, based in Washington, DC. Prior to working with FACT, Jacob directed issue-based campaigns that raised over $750,000 for progressive organizations including Environment America and U.S. PIRG. He used grassroots organizing to build support and raise awareness for US CHAMBER OF COMMERCE OFFERS HISTORIC BACKING OF The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is WHAT DOES THE US ELECTION RESULT MEAN FOR ANTI-MONEY What does the US election result mean for anti-money laundering efforts? The biggest vulnerability in the global anti-money laundering regime is the incorporation of anonymous shell companies. These opaque structures have a well-documented history of being used to undermine human rights and international security. OFFSHORE TAX HAVEN LOBBY MAKES PUSH TO DEFEND TAX EVADERS Strengthen Measures against Offshore Tax Evasion — Don’t Repeal Them. The offshore tax haven lobby is out in force this month — kicking off a media and lobbying blitz against the Foreign Account Tax Compliance Act (FATCA), a sensible transparency measure to THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOGBIDENHARRIS FACT CHECK
The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
ABOUT US | THE FACT COALITIONSEE MORE ON THEFACTCOALITION.ORGTAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to BRIEFING MEMO: IRS DOES NOT COLLECT BENEFICIAL OWNERSHIP The FACT Coalition sent this memo to explain concerns with an IRS approach to collecting beneficial ownership information. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOGBIDENHARRIS FACT CHECK
The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
ABOUT US | THE FACT COALITIONSEE MORE ON THEFACTCOALITION.ORGTAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to BRIEFING MEMO: IRS DOES NOT COLLECT BENEFICIAL OWNERSHIP The FACT Coalition sent this memo to explain concerns with an IRS approach to collecting beneficial ownership information. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
ABOUT US | THE FACT COALITION Who We Are. The Financial Accountability and Corporate Transparency (FACT) Coalition is a non-partisan alliance of more than 100 state, national, and international organizations working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. ISSUES | THE FACT COALITION Issues. The FACT Coalition is working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. Below is a list of the specific issue ares where we are currently focusing ourefforts.
TAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
STAFF | THE FACT COALITION Jacob Wills. Jacob Wills is the communications and operations associate at the FACT Coalition, based in Washington, DC. Prior to working with FACT, Jacob directed issue-based campaigns that raised over $750,000 for progressive organizations including Environment America and U.S. PIRG. He used grassroots organizing to build supportand raise
CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinationalFIGHT TAX EVASION
Fight Tax Evasion. Tax evasion from wealthy individuals using a variety of offshore schemes, including hiding assets in foreign bank accounts, robs U.S. taxpayers of tens of billions of dollars per year — and the costs for developing countries are even worse. A growing global norm in favor of transparency can ensure that all are heldequally
JACOB WILLS
Jacob Wills is the communications and operations associate at the FACT Coalition, based in Washington, DC. Prior to working with FACT, Jacob directed issue-based campaigns that raised over $750,000 for progressive organizations including Environment America and U.S. PIRG. He used grassroots organizing to build support and raise awareness for US CHAMBER OF COMMERCE OFFERS HISTORIC BACKING OF The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is WHAT DOES THE US ELECTION RESULT MEAN FOR ANTI-MONEY What does the US election result mean for anti-money laundering efforts? The biggest vulnerability in the global anti-money laundering regime is the incorporation of anonymous shell companies. These opaque structures have a well-documented history of being used to undermine human rights and international security. OFFSHORE TAX HAVEN LOBBY MAKES PUSH TO DEFEND TAX EVADERS Strengthen Measures against Offshore Tax Evasion — Don’t Repeal Them. The offshore tax haven lobby is out in force this month — kicking off a media and lobbying blitz against the Foreign Account Tax Compliance Act (FATCA), a sensible transparency measure to THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOGBIDENHARRIS FACT CHECK
The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
ABOUT US | THE FACT COALITIONSEE MORE ON THEFACTCOALITION.ORGTAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to BRIEFING MEMO: IRS DOES NOT COLLECT BENEFICIAL OWNERSHIP The FACT Coalition sent this memo to explain concerns with an IRS approach to collecting beneficial ownership information. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
THE FACT COALITIONABOUT USISSUESRESOURCESNEWS & EVENTSSTAFFBLOGBIDENHARRIS FACT CHECK
The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases &Statements.
ABOUT US | THE FACT COALITIONSEE MORE ON THEFACTCOALITION.ORGTAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
FACT SHEET: ANTI-CORRUPTION MEASURES IN EMERGENCY SPENDING As a result, corruption and fraud, such as payments to ineligible recipients or duplications of assistance, made up an estimated 10-22 percent of total payments—resulting in losses as high as $1.4 billion out of the $6.3 billion spent. 2. Contrast this with the response to Hurricane Sandy, where several anti-corruption safeguardswere
TRENDING TOWARD TRANSPARENCY The Rise of Public Country-by-Country Reporting. There is a growing chorus of individuals and organizations speaking out on the value of tax transparency and, in particular, the public country-by-country reporting (CBCR) of certain financial information for multinational companies, according to this April 2019 report published by the Financial Accountability and Corporate Transparency CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinational THE ANONYMOUS COMPANIES THAT PROTECT HUMAN TRAFFICKERS In 2011, the Justice Department broke up a Moldovan human trafficking ring that spanned fourteen states and used anonymous companies registered in Kansas, Missouri, and Ohio to hide the traffickers’ identities and launder profits. The criminals made $6 million by tricking their victims and luring them in with the promise of a betterlife.
HUDSON INSTITUTE HIGHLIGHTS LINKS BETWEEN CRIMINAL SECRECY Conservative Think Tank Scholars Note “Ending Criminal Secrecy Might become that Rarest of Political Beasts: a Truly Non-Partisan Issue.” Scholars at the Hudson Institute recently announced in an article their support for action to curtail the abuse of anonymous shell companies. The conservative think tank’s Kleptocracy Initiative argues that the U.S. efforts around the world to BRIEFING MEMO: IRS DOES NOT COLLECT BENEFICIAL OWNERSHIP The FACT Coalition sent this memo to explain concerns with an IRS approach to collecting beneficial ownership information. FACT SHEET: TREASURY’S CDD RULE: ONE PIECE TO A LARGER As the rest of the world cracks down on corporate secrecy, the criminals and other wrongdoers are looking increasingly to the U.S. The U.S. Treasury Department’s Customer Due Diligence (CDD) Rule for Financial Institutions 1 is a critical piece in a larger strategy to protect the integrity of our financial system from abuse and thenation
ABOUT US | THE FACT COALITION Who We Are. The Financial Accountability and Corporate Transparency (FACT) Coalition is a non-partisan alliance of more than 100 state, national, and international organizations working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. ISSUES | THE FACT COALITION Issues. The FACT Coalition is working toward a fair tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices. Below is a list of the specific issue ares where we are currently focusing ourefforts.
TAKE ACTION
Take action to combat the harmful impacts of corrupt financialpractices.
STAFF | THE FACT COALITION Jacob Wills. Jacob Wills is the communications and operations associate at the FACT Coalition, based in Washington, DC. Prior to working with FACT, Jacob directed issue-based campaigns that raised over $750,000 for progressive organizations including Environment America and U.S. PIRG. He used grassroots organizing to build supportand raise
CAREERS | THE FACT COALITION The FACT Coalition is a non-partisan alliance of 100-plus state, national, and international organizations promoting a fair global tax system and combating the harmful impacts of corrupt financial practices. (The FACT Coalition is a fiscally sponsored project of the Fund for Constitutional Government.) Unfair tax systems, multinationalFIGHT TAX EVASION
Fight Tax Evasion. Tax evasion from wealthy individuals using a variety of offshore schemes, including hiding assets in foreign bank accounts, robs U.S. taxpayers of tens of billions of dollars per year — and the costs for developing countries are even worse. A growing global norm in favor of transparency can ensure that all are heldequally
JACOB WILLS
Jacob Wills is the communications and operations associate at the FACT Coalition, based in Washington, DC. Prior to working with FACT, Jacob directed issue-based campaigns that raised over $750,000 for progressive organizations including Environment America and U.S. PIRG. He used grassroots organizing to build support and raise awareness for US CHAMBER OF COMMERCE OFFERS HISTORIC BACKING OF The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is WHAT DOES THE US ELECTION RESULT MEAN FOR ANTI-MONEY What does the US election result mean for anti-money laundering efforts? The biggest vulnerability in the global anti-money laundering regime is the incorporation of anonymous shell companies. These opaque structures have a well-documented history of being used to undermine human rights and international security. OFFSHORE TAX HAVEN LOBBY MAKES PUSH TO DEFEND TAX EVADERS Strengthen Measures against Offshore Tax Evasion — Don’t Repeal Them. The offshore tax haven lobby is out in force this month — kicking off a media and lobbying blitz against the Foreign Account Tax Compliance Act (FATCA), a sensible transparency measure to* About Us
* Issues
* Resources
* News & Events
Search
Search Close __ MenuTake Action Donate
Search Close Search modal FACT COALITION OFFERS BLUEPRINT TO BIDEN ADMINISTRATION TO IMPLEMENT LANDMARK ANTI-MONEY LAUNDERING REFORM The FACT Coalition offered a blueprint to the Biden Administration on how the Treasury Department should draft the rule for a landmark anti-corruption and anti-money laundering law, the Corporate Transparency Act, enacted by Congress in January.Learn More
FACT COALITION WELCOMES RECOMMENDED FINANCIAL TRANSPARENCY AND ACCOUNTABILITY REFORMS IN UN PANEL REPORT The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform. Press Releases & Statements FACT SHEET: ANONYMOUS COMPANIES FUEL ILLICIT COMMERCE Anonymous companies allow counterfeiters and internet pirates to traffic and smuggle illicit goods — undercutting legitimate commerce, markets, and financial systems. Further, illicit trade threatens critical national industries and local economies, placing consumers at risk and harming the market reputational value of American brands and companies.Resources
__ Find an Expert __LATEST NEWS
FACT COALITION APPLAUDS BIDEN ADMINISTRATION MOVE TO ESTABLISH THE FIGHT AGAINST CORRUPTION AS A “CORE U.S. NATIONAL SECURITYINTEREST”
June 3, 2021 | Press Releases & Statements The Financial Accountability and Corporate Transparency (FACT) Coalition today warmly welcomed the Biden Administration’s move establishing combatting corruption at home and abroad as a core U.S. national security interest. The National Security Study Memorandum, and President Biden’s directive to the National Security Advisor to develop a national strategy to combat corruption, represents a significant and timely elevation of the fight against corruption andfinancial secrecy.
FACT WELCOMES U.S. CONGRESSIONAL ANTI-KLEPTOCRACY CAUCUS COMMITTED TO FINANCIAL TRANSPARENCY AND RULE OF LAW June 2, 2021 | Press Releases & Statements The U.S. Congress announced today the formation of the new, bipartisan Caucus Against Foreign Corruption and Kleptocracy. The caucus – chaired by Reps. Tom Malinowski (D-NJ) and John Curtis (R-UT) and vice-chaired by Reps. Bill Keating (D-MA) and Brian Fitzpatrick (R-PA) – will be a forum to educate and mobilize Members of Congress on cross-cutting domestic and foreign policy reforms to tacklecorruption.
EUROPEAN ACTION ON MULTINATIONAL TAX TRANSPARENCY REQUIREMENTS UNDERSCORES NEED FOR STRONG U.S. ACTION June 2, 2021 | Press Releases & Statements The Financial Accountability and Corporate Transparency (FACT) Coalition today reiterated the need for quick movement on the Disclosure of Tax Havens and Offshoring Act, proposed U.S. legislation that would require multinational corporations to disclose their taxes paid and other key information publicly on a country-by-country basis, after negotiations in Europe resulted in a political agreement yesterday for limited public reporting of corporate taxes paid. BIDEN’S TREASURY DEPARTMENT HAS HEARD FROM THE PUBLIC. NOW IT MUST CRAFT A STRONG RULE TO END ANONYMOUS U.S. COMPANIES.May 25, 2021 | Blog
Earlier this month, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) closed the first round of public comment ahead of the rulemaking on the historic, bipartisan Corporate Transparency Act (CTA), passed this year by Congress to end the abuse of anonymous U.S.shell companies.
STAY INFORMED
Subscribe to our email list to stay up-to-date on the latest news, events, and developments.Sign Up
* About Us
* Issues
* Resources
* News & Events
* Take Action
* Donate
* __ __
* __ __
* __ __
* __ __
122 Maryland Avenue NE Washington, DC 20002USA
+1 (202) 546-3799
FACT COALITION | Copyright © 2011-2021. Some Rights Reserved. This work by the FACT Coalition is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. Images may be subject to stricter copyrights.Details
Copyright © 2024 ArchiveBay.com. All rights reserved. Terms of Use | Privacy Policy | DMCA | 2021 | Feedback | Advertising | RSS 2.0