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factcoalition.bsky.social
The FACT Coalition
@factcoalition.bsky.social
440 followers 310 following 130 posts
Uniting more than 100 organizations in the U.S. to promote policies to combat corrupt financial practices and create a fair and transparent tax system.
https://thefactcoalition.org/
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factcoalition.bsky.social
The FACT Coalition @factcoalition.bsky.social · Mar 3
Treasury’s decision to limit reporting requirements under the landmark Corporate Transparency Act to only foreign entities is a boon for fentanyl traffickers, domestic criminals, and tax cheats.

Read FACT's full statement on the gutting of the CTA ⤵️
thefactcoalition.org/treasury-reo...
Treasury Reopens the Floodgates to Dirty Money in the U.S.
The Treasury Department’s decision to limit reporting requirements under the landmark Corporate Transparency Act to only foreign entities is a boon for fentanyl traffickers, domestic criminals, and ta...
thefactcoalition.org
factcoalition.bsky.social
In the latest edition of Just the FACTs:
- A roundup of our new report's launch event,
- New research reveals costs of Congress' latest handout to multinationals,
- FACT Submits Comments on Investment Adviser Rule Delay, and more. Read here:
thefactcoalition.org/just-the-fac...
Just the FACTs 11/06/25
“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering thr...
thefactcoalition.org
November 6, 2025 at 8:07 PM
Reposted by The FACT Coalition
taxjustice.net
Making multinationals publicly disclose country-by-country reports would boost tax revenues and curb abuse. The UN Framework Convention offers a chance to establish public reporting as a unified standard. @icrict.bsky.social

#UNtaxConvention #TaxJustice2025 bit.ly/taxjustice25
November 4, 2025 at 2:30 PM
factcoalition.bsky.social
With the Supreme Court set to hear oral arguments on tariffs today, a reminder that our tax code still gives breaks to companies for moving profits+jobs overseas. If we're serious about ending offshoring, these America-last policies must end.

thefactcoalition.org/tariffs-manu...
Step One to Saving Domestic Manufacturing? Stop Giving Tax Breaks for Offshoring
Whether effective or not, tariffs are meant to react to a very real problem: the decades-long collapse of what was once a dynamic U.S. manufacturing base. Our current tax policy has only made that pro...
thefactcoalition.org
November 5, 2025 at 6:15 PM
Reposted by The FACT Coalition
ianpgary.bsky.social
"Truly self-destructive, offering none of the nationalist upside but all of the global downside." New @opinion.bloomberg.com @markgongloff.bsky.social column on the absurd oil subsidies handed out by the U.S. highlighted in the new @factcoalition.bsky.social report. www.bloomberg.com/opinion/arti...
October 29, 2025 at 7:57 PM
factcoalition.bsky.social
Our new report reveals that Americans are effectively subsidizing oil drilling overseas. Despite producing more at home than in all other countries combined, leading US oil and gas co's pay billions more in taxes to foreign petrostates than to the US.

thefactcoalition.org/report/oil-a...
Report: How U.S. Tax Policy Subsidizes Oil and Gas Extraction Abroad
Read FACT’s latest report analyzing the public filings of 11 U.S. multinational oil and gas companies, and breaking down the substantial tax subsidies that inform the industry’s low average tax rates ...
thefactcoalition.org
October 30, 2025 at 1:42 PM
factcoalition.bsky.social
Great writeup by Bloomberg's @markgongloff.bsky.social
of FACT's new report on U.S. tax subsidies for oil and gas extraction abroad.

"Big Oil hasn’t needed government help turning a profit in a long time... It’s time our tax code, among other things, reflected that."
Oil Subsidies Are Bad. Exporting $7.5 Billion of Them Is Worse.
Giving fossil-fuel companies billions of dollars in tax breaks to pump the oil and gas heating up the planet is a terrible idea, but I guess you could argue it might at least create US jobs — unless y...
www.bloomberg.com
October 29, 2025 at 2:19 PM
factcoalition.bsky.social
WATCH - @whitehouse.senate.gov calls for the end of special tax loopholes for offshore oil and gas production. "It is past time to decorrupt our tax code." Read the new FACT report on these fossil fuel giveaways and watch the Senator's remarks here:
thefactcoalition.org/report/oil-a...
Report: How U.S. Tax Policy Subsidizes Oil and Gas Extraction Abroad
Read FACT’s latest report analyzing the public filings of 11 U.S. multinational oil and gas companies, and breaking down the substantial tax subsidies that inform the industry’s low average tax rates ...
thefactcoalition.org
October 28, 2025 at 6:53 PM
factcoalition.bsky.social
Great coverage from @barrons.com of our new report, which finds that loopholes and subsidies in the U.S. tax code encourage companies to drill overseas. The loopholes that allow this must end, for the sake of our climate, health, and economy.
www.barrons.com/news/us-oil-...
US Oil Giants Produce Mainly At Home But Send More Tax Dollars Overseas
US fossil fuel giants produce most of their oil and gas domestically but pay billions more in taxes overseas than they do at home because of subsidies that have only grown during President Donald Trum...
www.barrons.com
October 24, 2025 at 3:57 PM
factcoalition.bsky.social
"To address climate change, economic equity and fairness, and funding the social programs, we must repeal all the special tax breaks the oil and gas sector receives and ensure that they are paying tax rates [equal] with what they are paying globally.” - @erichpica.bsky.social of @foeus.bsky.social
October 23, 2025 at 7:25 PM
factcoalition.bsky.social
Taxpayers should not have to subsidize the production of oil and gas abroad. FACT's latest report analyzes the tax disclosures of 11 U.S. oil and gas multinationals and calls for the end of the tax breaks that undermine U.S. interests and harm the planet.

thefactcoalition.org/report/oil-a...
Report: How U.S. Tax Policy Subsidizes Oil and Gas Extraction Abroad
Read FACT’s latest report analyzing the public filings of 11 U.S. multinational oil and gas companies, and breaking down the substantial tax subsidies that inform the industry’s low average tax rates ...
thefactcoalition.org
October 23, 2025 at 3:10 PM
Reposted by The FACT Coalition
factcoalition.bsky.social
You still have time to register for the launch of our new report! Our amazing panelists will discuss how to more effectively tax oil and gas profits, and the impact of fossil fuel subsidies on revenues, climate, public health, and more.

thefactcoalition.org/report-launc...
Report Launch: “How US Tax Policy Subsidizes Oil and Gas Extraction Abroad”
Register now for the in-person and online launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies...
thefactcoalition.org
October 22, 2025 at 2:34 PM
factcoalition.bsky.social
You still have time to register for the launch of our new report! Our amazing panelists will discuss how to more effectively tax oil and gas profits, and the impact of fossil fuel subsidies on revenues, climate, public health, and more.

thefactcoalition.org/report-launc...
Report Launch: “How US Tax Policy Subsidizes Oil and Gas Extraction Abroad”
Register now for the in-person and online launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies...
thefactcoalition.org
October 22, 2025 at 2:34 PM
Reposted by The FACT Coalition
ianpgary.bsky.social
Excellent coverage by @economist.com of the FACT Coalition's report on illegal gold mining and dirty money flows into the U.S. Read more thefactcoalition.org/report/illeg... @jyansura.bsky.social @factcoalition.bsky.social
October 20, 2025 at 9:09 PM
factcoalition.bsky.social
On Thursday, FACT will host @whitehouse.senate.gov , @erichpica.bsky.social of @friends-earth.bsky.social and @mindthegaap.bsky.social + @amyhanauer.bsky.social of @itep.org for the launch of our new report. Register now to attend in-person or online:

thefactcoalition.org/report-launc...
Report Launch: “How US Tax Policy Subsidizes Oil and Gas Extraction Abroad”
Register now for the in-person and online launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies...
thefactcoalition.org
October 21, 2025 at 2:12 PM
Reposted by The FACT Coalition
ianpgary.bsky.social
NEW - FACT Coalition's latest newsletter. Read more from the frontlines in the fight against dirty money and for tax justice! @factcoalition.bsky.social thefactcoalition.org/fact-holds-e...
Just the FACTs 10/17/25
“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering thr...
thefactcoalition.org
October 17, 2025 at 8:17 PM
Reposted by The FACT Coalition
ianpgary.bsky.social
RSVP today. If you are in DC, join us Thursday for lunch and an all-star panel. thefactcoalition.org/report-launc...
October 20, 2025 at 4:39 PM
factcoalition.bsky.social
This Thursday, join FACT for the hybrid launch of our new report analyzing the financial disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of subsidies for offshore drilling.

Register now:
thefactcoalition.org/report-launc...
Report Launch: “How US Tax Policy Subsidizes Oil and Gas Extraction Abroad”
Register now for the in-person and online launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies...
thefactcoalition.org
October 20, 2025 at 1:09 PM
factcoalition.bsky.social
In the latest edition of Just the FACTs:
-FACT Holds Event for Oil and Gas Report Launch
-FinCEN Calls for Comments on IA Rule Delay
-FACT Defends Australia’s Tax Transparency Framework and more:

thefactcoalition.org/fact-holds-e...
Just the FACTs 10/17/25
“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering thr...
thefactcoalition.org
October 17, 2025 at 3:43 PM
Reposted by The FACT Coalition
ianpgary.bsky.social
EVENT: Join FACT for the Oct. 23 launch of our new report, America-Last and Planet-Last – How US Tax Policy Subsidizes Oil and Gas Extraction Abroad. In person and online. @factcoalition.bsky.social thefactcoalition.org/report-launc...
Report Launch: “How US Tax Policy Subsidizes Oil and Gas Extraction Abroad”
Register now for the in-person and online launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies...
thefactcoalition.org
October 15, 2025 at 3:31 PM
Reposted by The FACT Coalition
ianpgary.bsky.social
NEW FACT Coalition blog from Isidoro Hazbun. 💯 "Organized crime is rewriting the rules of conservation and exposing why protecting land on paper means little without dismantling the profits driving environmental destruction." @factcoalition.bsky.social
thefactcoalition.org/beyond-bound...
Beyond Boundaries: Rethinking Conservation in the Age of Environmental Crime
Environmental conservation must confront the financial engines of destruction that operate across continents, writes FACT’s Isidoro Hazbun.
thefactcoalition.org
October 15, 2025 at 3:38 PM
factcoalition.bsky.social
The US tax code not only subsidizes oil and gas here at home, but also - and especially - drilling abroad.

RSVP for the launch of FACT's new report calling for the end of all tax subsidies for oil and gas production, and especially for drilling abroad.
thefactcoalition.org/report-launc...
Report Launch: “How US Tax Policy Subsidizes Oil and Gas Extraction Abroad”
Register now for the in-person and online launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies...
thefactcoalition.org
October 14, 2025 at 9:38 PM
Reposted by The FACT Coalition
taxjustice.net
“The fossil fuel industry is still being rewarded for driving the climate crisis. We must end fossil fuel tax subsidies, reform international tax rules, & strengthen transparency. Our opponents are powerful — we can’t afford to be divided.”
@zorkamilin.bsky.social @factcoalition.bsky.social
October 14, 2025 at 1:42 PM
factcoalition.bsky.social
@isidorohazbun.bsky.social argues that the rise of environmental crime neccisitates a new way of thinking about conservation. "Conservation must now confront the financial engines of destruction that operate across continents. Only then will protected areas be truly safe."
Beyond Boundaries: Rethinking Conservation in the Age of Environmental Crime
Environmental conservation must confront the financial engines of destruction that operate across continents, writes FACT’s Isidoro Hazbun.
thefactcoalition.org
October 14, 2025 at 4:44 PM
factcoalition.bsky.social
Despite promising to address drug traffickers, Treasury is allowing China's money laundering networks to spread fentanyl in our communities. By gutting the Corporate Transparency Act, the US allows cartels to move their cash through our system with impunity.
thehill.com/opinion/inte...
It’s way past time to hit China’s money laundering banks
It’s time for Secretary Bessent to stop talking with China and start closing its dollar laundry.
thehill.com
October 8, 2025 at 3:28 PM
factcoalition.bsky.social
In the wake of catastrophic funding cuts, the IRS is bleeding personnel. Our tax laws are only as strong as our ability to enforce them, and without sufficient enforcement resources, corporate tax avoidance will only worsen.

news.bloombergtax.com/daily-tax-re...
IRS Attorney Exodus Gives Companies a Leg Up in Court Cases
The IRS and Justice Department are bleeding tax lawyers, suggesting it will take longer to resolve disputes in court and raising concern the government will recover less money from taxpayers than it s...
news.bloombergtax.com
October 1, 2025 at 3:17 PM