Launch of U.S. Beneficial Ownership Registry Caps Year of Wins On Key FACT Priorities
Major wins on corporate transparency and anti-money laundering policy, the dawning of a new era of multinational tax transparency, and expanding recognition of the role of U.S. financial secrecy in enabling environmental crimes all helped to define a landmark year of impact for the FACT Coalition and our allies.
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FACT Releases Multinational Corporate Tax Policy Platform for 2025: Just the FACTs 5/23/24
FACT releases a new policy platform to guide multinational tax reform in 2025, and Treasury and the SEC release joint proposal introducing anti-money laundering safeguards for investment advisers.
Fairness, Transparency, and Enforcement: FACT’s Principles for Taxing U.S. Multinational Corporations After 2025
With negotiations surrounding the expiration of large parts of the 2017 Tax Cuts and Jobs Act already underway, lawmakers must move quickly to close costly loopholes, prevent offshoring of jobs and profits, and provide adequate tax transparency for U.S. multinational corporations.
FACT, Allies Release New Report Detailing $2.6 Billion Laundered Through Commercial Real Estate: Just the FACTs 5/9/24
A new report details 25 confirmed or alleged cases of money laundering through U.S. commercial real estate, and a pair of Congressional hearings draw attention to key Treasury actions on international tax reform and beneficial ownership transparency.
The Corporate Transparency Act is Constitutional, Government and “Friend of the Court” Briefs Make Clear
The Court of Appeals must find the Corporate Transparency Act constitutional and allow this long overdue U.S. financial reform to continue to be fully implemented. If not, the Court will give a free pass to fentanyl traffickers, tax evaders, and U.S. adversaries to abuse the opacity of the U.S. financial system.