The current corporate tax code that encourages offshore tax avoidance isn't "America-first," it's "Corporations-first, Americans-last"

FACT policy director @zorkamilin.bsky.social speaking now at @usprogressives.bsky.social 's shadow hearing on tax policy reforms to end corporate greed.

Amidst Oil Price Windfalls, U.S. Oil Majors Continue to Pay Less Tax at Home than Abroad Amid skyrocketing oil prices and concerns about ordinary Americans subsidizing Big Oil’s expected superprofits at the pump, new disclosures show how the U.S. continues to inadequately tax its oil majo...

"Amid skyrocketing oil prices and concerns about ordinary Americans subsidizing Big Oil’s expected super profits at the pump, new disclosures show how the U.S. continues to inadequately tax its oil majors." @factcoalition.bsky.social @zorkamilin.bsky.social thefactcoalition.org/oil-and-gas-...

Check out our new @factcoalition.bsky.social analysis:

thefactcoalition.org/oil-and-gas-...

America's tax code is tilted to big multinational corporations - and domestic small businesses know it.
That's why they overwhelmingly support closing corporate loopholes like the egregious one that lets big pharma "round-trip" their profits from US sales via offshore tax havens.

Fantastic tax journalism by @caitlinreilly.bsky.social

This is just the domestic corporate tax breaks, to say nothing of the offshore tax games played by big US corporations--which our tax code fails to stop.

Here's our @factcoalition.bsky.social analysis: thefactcoalition.org/major-americ...

Big drugmakers saved at least $5bn on US taxes shifting income overseas New disclosures show how pharma groups reduced federal levies last year by assigning profits to low-tax jurisdictions

Read FT coverage of our @factcoalition.bsky.social analysis of newly-required tax accounting disclosures and @wyden.senate.gov investigation into Pfizer:
www.ft.com/content/9617...

Check out the @financialtimes.com's coverage of the FACT Coalition's analysis of Big Pharma tax disclosures. Tax dodging on an epic scale. Revelations a result of @factcoalition.bsky.social campaigning. giftarticle.ft.com/giftarticle/...

US judge strikes down rule targeting money laundering in real estate A U.S. judge has struck down a Treasury ​Department rule aimed at curbing money laundering in real estate by ‌requiring that the beneficial owners of companies buying real estate in cash be disclosed.

@reuters.com on our reaction to misguided ruling today. "FACT Executive ⁠Director Ian ​Gary said in a statement, 'The district ​court in Texas has just sided with cartels, money launderers, and U.S. adversaries.' " @factcoalition.bsky.social www.reuters.com/legal/govern...

Federal District Judge Wrongly Strikes Down Safeguards for U.S. Residential Real Estate “In striking down this rule, the district court in Texas has just sided with cartels, money launderers, and U.S. adversaries and given them free license to continue moving their dirty cash through U.S...

"We expect the government to swiftly appeal this outlier decision and the appellate court to overturn it." - FACT's @ianpgary.bsky.social

Read FACT's full reaction to yesterday's misguided court decision blocking enforcement of Treasury's real estate AML rule: thefactcoalition.org/federal-dist...

Big U.S. Corporations Reaped Billions through Tax Havens in 2025, New Transparency Requirements Reveal | The FACT Coalition New disclosure requirements show that huge American corporations lowered their tax bills by billions of dollars through the use of tax havens in 2025, while U.S. anti-abuse rules struggled to keep up.

Big American corporations are reaping billions in tax savings from tax havens. But don't blame the tax havens: blame the US tax code for being too weak to stop this.

Our latest @factcoalition.bsky.social analysis of newly-required corporate tax disclosures:
thefactcoalition.org/major-americ...

Big U.S. Corporations Reaped Billions through Tax Havens in 2025, New Transparency Requirements Reveal | The FACT Coalition New disclosure requirements show that huge American corporations lowered their tax bills by billions of dollars through the use of tax havens in 2025, while U.S. anti-abuse rules struggled to keep up.

New #tax disclosure requirements are reaffirming what FACT has long argued: that the U.S. tax code continues to encourage American companies to stash profits in tax havens.

Read the full analysis from FACT's Thomas Georges and @zorkamilin.bsky.social here: thefactcoalition.org/major-americ...

Looking forward to next week's EU Tax Symposium co-organised by @europarl.europa.eu & @ec.europa.eu #TaxMix2050

I'll be speaking on a panel about the future of the global minimum tax and "side-by-side" approach.

Join us in Brussels or online for this timely and critical discussion.

📢 FRIDAY WEBINAR | 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐚 𝐟𝐞𝐦𝐢𝐧𝐢𝐬𝐭 𝐟𝐢𝐬𝐜𝐚𝐥 𝐬𝐲𝐬𝐭𝐞𝐦: 𝐭𝐡𝐞 𝐧𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐚 𝐔𝐍 𝐓𝐚𝐱 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧

Take part in the close of the 10th Global Days of Action on Tax Justice for Women's Rights.

📅 Friday, March 6
⏰ 2–3pm CET
🗣️ English, Spanish, & French
🔗 Register here: bit.ly/gdoa-close

New Report Reveals U.S. Oil and Gas Companies Pay More Tax to Petrostates Than to the U.S. Government FACT’s latest report analyzes the tax disclosures of 11 U.S. oil and gas multinational companies, and calls for the elimination of harmful subsidies for extraction abroad.

The largest American fossil fuels subsidies aren't even for extraction at home - FACT's latest report explores how our broken tax code also subsidizes American companies drilling abroad.

5 Hidden Ways the Government Rigs the Market in Favor of Fossil Fuels While renewables have received scrutiny from the Trump administration and congressional Republicans over subsidies, the administration’s narrative hides how fossil fuel industries reap the benefits of...

A new report from @americanprogress.bsky.social reveals that the US subsidizes fossil fuels more than renewable energy sources. “Policymakers must stop forcing Americans to pick up the tab for dirty fossil fuel production that is harming Americans’ health and environment.”

WaPo "Fossil fuel giant wins $370 million tax break for burning gas as an ‘alternative fuel’" - quotes @factcoalition.bsky.social @zorkamilin.bsky.social. "Company CEO Jack Fusco donated at least $250,000 to Trump campaign." wapo.st/474VZmf

This weekend, I was interviewed by @eisendrath.net about the work of the FACT Coalition to stop dirty money and financial secrecy. Listen in! @factcoalition.bsky.social omny.fm/shows/democr...

5 Hidden Ways the Government Rigs the Market in Favor of Fossil Fuels While renewables have received scrutiny from the Trump administration and congressional Republicans over subsidies, the administration’s narrative hides how fossil fuel industries reap the benefits of...

www.americanprogress.org/article/5-hi...

5 Hidden Ways the Government Rigs the Market in Favor of Fossil Fuels While renewables have received scrutiny from the Trump administration and congressional Republicans over subsidies, the administration’s narrative hides how fossil fuel industries reap the benefits of...

A new report from @americanprogress.bsky.social reveals that the US subsidizes fossil fuels more than renewable energy sources. “Policymakers must stop forcing Americans to pick up the tab for dirty fossil fuel production that is harming Americans’ health and environment.”

Careers | The FACT Coalition Learn about jobs and fellowship opportunities with the Financial Accountability and Corporate Transparency (FACT) Coalition.

DEADLINE FRIDAY: FACT is seeking a new Executive Director to lead our work fighting against illicit finance and unfair tax codes. The deadline for applications is February 27. Qualified candidates can learn how to apply here:
thefactcoalition.org/about-us/car...

"The reduction in supervisory staff at the IRS matches a trend we’ve seen across AML enforcement agencies. This sends the signal that the US is open to dirty money. It undermines our national security and market integrity."

Erica Hanichak, @factcoalition.bsky.social

5 Hidden Ways the Government Rigs the Market in Favor of Fossil Fuels While renewables have received scrutiny from the Trump administration and congressional Republicans over subsidies, the administration’s narrative hides how fossil fuel industries reap the benefits of...

Despite claims to the contrary, fossil fuels have received far more subsidies from the federal government than renewables—since 1918: $549 billion, nearly 3x what renewables have received. www.americanprogress.org/article/5-hidden-ways-th...

U.S. oil companies should not get taxpayer subsidies to drill in Venezuela - or anywhere else. My latest opinion piece for the @factcoalition.bsky.social in The Hill today. thehill.com/opinion/5734...

FACT Book Talk: Everybody Loves Our Dollars - How Money Laundering Won with Author Oliver Bullough RSVP now for FACT’s virtual book talk with Oliver Bullough, author of the new book “Everybody Loves Our Dollars – How Money Laundering Won” on February 26 from 12-1 p.m.

EVENT - RSVP now for a book talk with Oliver Bullough on Feb. 26th. The Guardian calls his new book a “jaw-dropping exposé". thefactcoalition.org/fact-book-ta...

My thoughts on new US tax accounting disclosures, for @bloombergtax.com: "These new disclosures are a major improvement on what we’ve had before. The hope is that with more public scrutiny, big multinationals are less likely to play offshore tax games that put investors at risk."

New Disclosures Reveal Continued Use of Tax Havens by Major American Corporations The new tax information in companies’ annual financial reports represents an enormous improvement upon what was previously available, and is only the beginning of a wave of new disclosures pursuant to...

"What do (US corporations) Pepsi and Boeing have in common? They both paid more in taxes to foreign governments than to the United States last year." New analysis based on new disclosures from our friends @factcoalition.bsky.social thefactcoalition.org/new-corporat... It is shameful

New Disclosures Reveal Continued Use of Tax Havens by Major American Corporations The new tax information in companies’ annual financial reports represents an enormous improvement upon what was previously available, and is only the beginning of a wave of new disclosures pursuant to...

The first round of new #tax disclosures from big American companies represents the culmination of nearly a decade of advocacy by investors, FACT, and others.

Read FACT's top takeaways from the new disclosures here:
thefactcoalition.org/new-corporat...

"When the US is not part of multilateralism, there is a risk that it becomes a tax haven for citizens from other countries." 💬 @zorkamilin.bsky.social

Between four noted tax havens (Bermuda, Switzerland, Ireland, and Singapore) PepsiCo is reporting it reduced its income taxes for 2025 by $661m, utterly dwarfing the effect of U.S. anti-abuse rules like GILTI.

Current U.S. tax rules are clearly not dissuading companies from the use of tax havens.

Trade-Related Illicit Financial Flows in Africa, 2013-2022 - Global Financial Integrity Illicit financial flows represent a formidable barrier to Africa’s inclusive growth and economic sovereignty. With this new report, Global Financial Integrity presents estimates for trade-related valu...

"Africa faces a profound challenge with IFFs on the order of hundreds of billions of dollars per year leaking from the continent."
Excellent analysis from Global Financial Integrity on the problem of trade-related flows from Africa. Read the full report here:
gfintegrity.org/report/trade...