Financial Transparency Coalition

La Cumbre por la Democracia, celebrada la semana pasada con la asistencia virtual de docenas de líderes mundiales, es una iniciativa clave del gobierno del presidente de Estados Unidos, Joe Biden.

The Summit for Democracy held last week and attended virtually by dozens of world leaders is a key initiative by Joe Biden’s Presidency which identified corruption

WASHINGTON – Sen. Carl Levin, D-Mich., chairman of the Permanent Subcommittee on Investigations, and Sen. Chuck Grassley, R-Iowa, ranking member of the Senate Judiciary Committee, this week introduced the Incorporation Transparency and Law Enforcement Assistance Act to combat acts of terrorism, money laundering, tax evasion, and other wrongdoing facilitated by U.S. corporations with hidden owners. The bill would end the practice of the 50 States forming corporations for unidentified persons, and instead require the States to obtain the identities of the persons behind the corporations.

WASHINGTON – Stating that “Uncle Sam can’t afford offshore tax abuses that are robbing the Treasury of $100 billion in lost revenue yearly and increasing the tax burden on honest, hardworking Americans,” Sen. Carl Levin, D-Mich., together with cosponsors Senator Bill Nelson, Sanders, Shaheen, and Whitehouse, today introduced legislation to close offshore tax loopholes and strengthen offshore tax enforcement.