Financial Transparency Coalition

Consultants—including some with criminal pasts—are selling the gambling center as a haven from taxes and legal liability.

NEW YORK – The President announced his intention today to advocate for Congress to adopt laws requiring the disclosure of beneficial ownership for corporations at the time of company formation, an idea already proposed by Senators Carl Levin and Chuck Grassley in S. 1483, the Incorporation Transparency and Law Enforcement Assistance Act, as well as a U.S. commitment to implement the Extractive Industries Transparency Initiative (EITI), as part of the launch of the new government transparency initiative, the Open Government Partnership.

WASHINGTON, DC – Proponents of tax fairness and financial accountability applauded the news yesterday of the Senate’s passage of patent-reform legislation containing a provision to eliminate tax strategy patents.

NEW YORK – A spate of spectacular collapses of Chinese stocks listed on American exchanges has cost U.S. investors billions of dollars. The fiasco has sparked multiple investigations. Accusations are swirling in Washington and Beijing.