Tax

News Release | Tax

Momentum to End Anonymous Shell Companies Grows as Senate Introduces ‘Corporate Transparency’ Bill

On Thursday, Senators Marco Rubio (R-FL) and Ron Wyden (D-OR) introduced the Corporate Transparency Act (S.1717), the Senate companion to the bipartisan House bill (H.R.3089) aimed at ending the abuse of anonymous shell companies.

News Release | U.S. PIRG | Tax

U.S. PIRG Applauds Introduction of Bill to End Anonymous Shell Companies

This Wednesday, Representatives Peter King (R-NY) and Carolyn Maloney (D-NY) introduced the Corporate Transparency Act. Senators Chuck Grassley (R-IA) and Sheldon Whitehouse (D-RI) also introduced their companion bill, the True Incorporation Transparency for Law Enforcement (TITLE) Act. U.S. PIRG applauds the introduction of these bills, which would put an end to anonymous shell companies in the U.S.

News Release | U.S. PIRG | Tax

U.S. PIRG COMMENDS THE INTRODUCTION OF BIPARTISAN TRUTH IN SETTLEMENTS ACT

Washington, D.C. – Today, Senators Elizabeth Warren (D-MA) and James Lankford (R-OK) reintroduced the Truth in Settlements Act, a bill that would increase transparency around settlements reached between federal agencies and corporations accused of wrongdoing. 

First Gambit in Tax Reform Debate a Threat to Taxpayers

By | Michelle Surka
Tax and Budget Advocate

The tax reform battle in Congress is looking to be a long, hard-fought one, but the president’s recent executive order shows that there may be no need to wait to start giving huge tax breaks to corporate giants. 

News Release | U.S. PIRG | Tax

U.S. PIRG Statement on Trump Administration Tax Plan

Statement from U.S. PIRG Advocate Michelle Surka about the recent Trump Administration tax proposal.

News Release | U.S. PIRG | Tax

New Bill Closes Biggest Corporate Tax Loopholes, Offers Commonsense Tax Reform Solutions

Statement from U.S. PIRG Tax and Budget Advocate Michelle Surka on Rep. Pocan’s New Bill to Close Corporate Tax Loopholes:

News Release | U.S. PIRG | Tax

New Bills Introduced To Curb Offshore Tax Avoidance, End Tax Gimmicks

Washington, D.C. – Today, Representative Lloyd Doggett (D-TX) introduced the Corporate EXIT Fairness Act and the Stop Tax Haven Abuse Act along with co-sponsor Sheldon Whitehouse (D-RI). These bills would close a number of loopholes that let corporations and wealthy individuals book income to offshore tax havens to avoid taxes. The Joint Committee on Taxation calculates that this legislation would save taxpayers over $250 billion.

News Release | U.S. PIRG | Public Health, Tax

Congressional leaders call for pesticide investigation

Statement from U.S. PIRG Toxics Director Kara Cook-Schultz on House Members’ Call for an Investigation into the EPA

News Release | U.S. PIRG | Tax

U.S. PIRG Applauds Bipartisan Bill Barring Tax Write-offs for Corporate Wrongdoing

Washington, D.C. – Statement by Michelle Surka U.S. Public Interest Research Group Tax and Budget Program Advocate, on legislation introduced today by U.S. Sens. Jack Reed (D-RI) and Chuck Grassley (R-IA) that would prevent corporate wrongdoers from reaping massive tax windfalls from the payments made to settle allegations of criminal wrongdoing.

Today marks one year since a leak of millions of documents from the Panamanian law firm Mossack Fonseca gave a preview into the world of anonymous companies used to hide money both here at home and abroad.

Pages

Subscribe to RSS - Tax

DEFEND THE CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

Support Us

Your donation supports U.S. PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code