ASBC & SVC invite you to join us on October 6 at 1pm ET for a conversation on the Disclosure of Tax Havens and Offshoring Act.
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John,
The American Sustainable Business Council and Social Venture Circle invite you to join Sen. Chris Van Hollen (MD), Rep. Cindy Axne (IA), and business leaders for a conversation on the Disclosure of Tax Havens and Offshoring Act on Wednesday, October 6 at 1pm EST. Large Multinational Corporations are using a variety of accounting maneuvers to shift billions of dollars in profits into tax haven countries to avoid taxes in the countries where they operate. This practice is creating an uneven playing field, especially for U.S. small businesses. Building on the country-by-country minimum tax in President Biden’s Made in America Tax Plan, the Disclosure of Tax Havens and Offshoring Act complements this key tax reform by directing the U.S. Securities and Exchange Commission (SEC) to mandate public disclosure of country-by-country financial reports by large corporations.
Country-by-country financial reports are vital information for investors to understand the tax structures and potential risks of the corporations in which they invest, especially in light of recent and potential future changes to international corporate tax law. When a corporation sends jobs overseas, their country-by-country financial report would show the extent to which the U.S. tax system is rewarding their behavior. The bill directs the SEC to conform its regulations to existing standards for country-by-country reporting, so this would not impose new recordkeeping burdens.
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Register for Advancing Corporate Tax Transparency ([link removed])
Upcoming Events
October 6 - Advancing Corporate Tax Transparency: A Conversation with Sen. Van Hollen (MD), Rep. Axne (IA) and Business Leaders ([link removed])
Join Sen. Chris Van Hollen (MD), Rep. Cindy Axne (IA), and business leaders for a conversation on the Disclosure of Tax Havens and Offshoring Act.
October 8 - Authentic Leadership: Holding Executives & Ourselves Accountable ([link removed])
Join us in a conversation with Judy Samuelson, founder and executive director of the Aspen Institute’s Business and Society Program ([link removed]) and author of Six New Rules of Business: Creating Real Value in a Changing World ([link removed]) .
October 20 - The Greater Good: Social Entrepreneurship for Everyday People ([link removed])
Join author and serial social venture founder Madeleine Shaw in conversation with Social Venture Institute (SVI) ([link removed]) co-producer Vanessa Richards.
October 21, November 4, November 11 -
Activate Your Money: Invest to Grow Your Wealth and Build a Better World ([link removed])
A 3-part webinar series led by Janine Firpo, Co-Founder of Invest for Better and Author of 'Activate Your Money.' This series goes beyond basic financial literacy to provide the details you need to become a confident investor. Janine and her guest trainers will give you the knowledge you need to take control of your money and make great returns by investing in the communities, people, and companies that match your values.
December 8-10 - ASBC-SVC 2021 Winter Conference ([link removed])
An in-person convening for business leaders, impact investors, policy makers, and more taking place in Paradise Point, San Diego, CA.
In partnership with
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** Social Venture Circle (SVC) ([link removed])
is a membership network that equips entrepreneurs, impact investors, and capacity-builders with connections, money, and expertise in order to build businesses that drive the NEXT economy: one that is regenerative, equitable and prosperous for all.
Copyright © 2021, SVC, All rights reserved.
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