Ian Gary

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

Fossil fuel giant wins $370 million tax break for burning gas as an ‘alternative fuel’ The IRS allowed one of the world’s largest exporters of natural gas to claim its heavily polluting tankers are low-emissions “motorboats,” the company said.

Yet another crack in the rule of law on tax:
A major gas exporter just got a massive tax refund, claiming a tax credit meant for alternative fuels. This is very questionable legally, as I told @evanhalper.bsky.social

www.washingtonpost.com/business/202...

YouTube video by FACT Coalition FACT Book Talk: Everybody Loves Our Dollars – How Money Laundering Won with Author Oliver Bullough

"If I have one wish ... it would be for more transparency - if only for law enforcement - around who owns the different forms of corporate structures registered by the [US] states" - @oliverbullough.bsky.social speaking to @ianpgary.bsky.social from @factcoalition.bsky.social

youtu.be/9Nr-q7yj9Kw

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.

Did you miss my chat with @oliverbullough.bsky.social today? If so, the recording is now live. thefactcoalition.org/fact-book-ta...

Russian firms have routed $8bn of trade through British island territories since invasion of Ukraine Anti-corruption group Transparency International have catalogued ‘sanctions circumvention’ channelled through ‘unaccountable jurisdictions’

This is why we need financial transparency in our Overseas Territories.

Not because it’s a nice to have or some niche pipe dream.

But because the veil of secrecy allows bad fair actors to use secrecy to their benefit - in this case evading sanctions on Russia.

🚢 We can track vessels across the ocean — but do we know who truly profits from them?

UBO transparency links vessels to the real people behind them, strengthening enforcement and helping curb illegal, unreported and unregulated fishing.

🌊 globalfishingwatch.org/ubo

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 FACT Coalition's Erica Hanichak quoted in International Consortium of Investigative Journalists (ICIJ) report on the U.S. slashing office examining dirty money safeguards of cryptocurrency exchanges. @factcoalition.bsky.social www.icij.org/investigatio...

JOB ALERT - Deadline approaching. Apply to be my successor as the FACT Coalition's executive director. Great job, great team! thefactcoalition.org/about-us/car...

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...

Just the FACTs 2/9/26 “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...

Want to read about some WINS?! Read the latest @factcoalition.bsky.social newsletter. thefactcoalition.org/just-the-fac...

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...

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.

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...

The FACT Coalition's Policy Director @zorkamilin.bsky.social is there. @factcoalition.bsky.social 👇

Trump Sues Treasury Department, IRS Over Tax Return Leak The president, his two eldest sons and business are named as plaintiffs in a civil complaint that seeks at least $10 billion in damages.

Here's our updated full story on Trump suing the government he runs and demanding $10 billion.

Tax code Sec. 7431 in the spotlight and all sorts of complicated questions looming for Treasury/IRS/DOJ.

www.wsj.com/politics/pol...

Why is GE paying all this tax to Singapore and not the US?
Because this is what we get when US tax policy puts tax havens first.
Clearly P2 rules are more stringent than the equivalent US rules (GILTI) which haven't managed to catch this in past years.

Mojtaba Khamenei has amassed sprawling international investments, while economic hardship at home has sparked Iran's deadliest protests in decades. Read the Big Take: bloom.bg/4ak56kW

📷️: Rouzbeh Fouladi/ZUMA Wire/Shutterstock

SAVE THE DATE: On February 26, FACT will host journalist and bestselling author @oliverbullough.bsky.social for a virtual discussion of his new book, “Everybody Loves Our Dollars: How Money Laundering Won”. Keep an eye on our page for further details!
www.ft.com/content/e1fb...

Tesla Reported Zero Federal Income Tax on $5.7 Billion of U.S. Income in 2025 Tesla enjoyed almost $5.7 billion of U.S. income in 2025 but paid $0 in federal income tax. Over the past three years, the Elon Musk-led company reported $12.5 billion of U.S. income on which its curr...

For the 2nd straight year, Tesla reports making billions of dollars in the US and not paying one cent of federal income tax.
This is a feature, not a bug, of the federal corporate tax laws now in place. R&D credits, bonus depreciation, executive stock options made it happen.
itep.org/tesla-report...

Día 2 - VI Foro Internacional: Hitos y desafios contra los delitos ambientales YouTube video by UNODC Región Andina y Cono Sur

FACT's @jyansura.bsky.social is about to speak at TEFOS El Bosque es Futuro, a collaboration between @unodc.bsky.social, and the UK government to address deforestation in Colombia. Special thanks to GAFILAT and the Wildlife Justice Commission!

Watch the panel here:

www.youtube.com/live/XMV4FkD...

OECD Tax Deal Keeps Global Minimum Intact But Shields U.S. Companies A revised global agreement preserves a 15% minimum corporate tax while exempting U.S. multinationals from key enforcement rules. But what will that look like in practice?

FACT's @zorkamilin.bsky.social and @thomasgeorges.bsky.social are quoted in @forbes.com's coverage of the latest OECD deal: "The best way to protect American companies is not to demand special treatment, but to ensure that these companies pay their fair share at home.”
www.forbes.com/sites/kellyp...

Companies Reveal Big Mystery: Where They Pay Taxes and How Much Netflix and Intel are some of the first to comply with a new accounting rule that requires more details about corporate tax payments.

Victory! - The FACT Coalition campaigned for years to get greater tax transparency from multinational companies. With new Financial Accounting Standard Board rules we are getting results. @factcoalition.bsky.social @zorkamilin.bsky.social @itep.org www.wsj.com/articles/com...

Is the United States still a global leader in the fight against… Looking back at the first year of the Trump administration, we reflect on corruption risks in the United States — from sanctions and AML enforcement to…

"For better or worse, what happens in the United States affects the fight against corruption worldwide." Great new blog from @anticorruption.bsky.social's Gary Kalman on how US policy decisions can create gobal corruption risks. Read the full piece here:
www.transparency.org/en/blog/corr...

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

Are you a proven leader with non-profit, foundation, campaign, or government office experience? Are you interested in leading a coalition focused on addressing illicit finance and corporate tax dodging? If so, apply to be our new Executive Director here:

thefactcoalition.org/about-us/car...

A big appeals court win for the Corporate Transparency Act and more in the latest FACT Coalition newsletter. Plus, apply to be my successor! @factcoalition.bsky.social #JOB thefactcoalition.org/just-the-fac...

Just the FACTs 1/15/26 “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...

In the latest edition of Just the FACTs:
- FACT is hiring!
-Pillar Two Lives to Fight Another Day
-CTA Wins in Federal Court
- Hochul vetoes LLC Transparency Act amendment
- Treasury delays AML safeguards for private investment markets
- and more:
thefactcoalition.org/just-the-fac...

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

FACT is #Hiring!

After 5+ years our amazing Executive Director @ianpgary.bsky.social is stepping down. Now, we seek a dynamic, highly-qualified candidate to lead the coalition's vital work combating illicit finance and corporate tax dodging

Read more and apply: thefactcoalition.org/now-hiring-e...