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Disclosure of Tax Havens and Offshoring Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
71pct
32d open
vs 9,698 other HR bills in the 117th — cohort avg 63d
Disclosure of Tax Havens and Offshoring Act This bill requires certain issuers of securities to annually disclose information related to the tax jurisdiction, income, and assets of their constituent entities on a country-by-country basis.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (11)
Placed on the Union Calendar, Calendar No. 35.
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-52.
Congress.gov source codes: 5000, H12200
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2022 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,540,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2022 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,540,000 · Firm income: Not reported
2022 · third_quarter · Taxation/Internal Revenue Code
H.R. 5376, Inflation Reduction Act of 2022. H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,300,000 · Firm income: Not reported
2022 · second_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. H.R. 5376, Build Back Better Act, to provide reconciliation pursuant to title II of S. Con. Res. 14. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,410,000 · Firm income: Not reported
2022 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,540,000 · Firm income: Not reported
| Democratic |
| MN |
| Jennifer Wexton | Democratic | VA |
| Jesús G. "Chuy" García | Democratic | IL |
| Jim Cooper | Democratic | TN |
| Raúl M. Grijalva | Democratic | AZ |
| Stephen F. Lynch | Democratic | MA |
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2022 · fourth_quarter · Financial Institutions/Investments/Securities
H.R. 935/S. 3391, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 1602, Eliminate Barriers to Innovation Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 2620, Investor Choice Act of 2021 H.R. 2990/S. 3931, Gig Worker Equity Compensation Act H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3448/S. 4992, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act H.R. 3843, Merger Filing Fee Modernization Act of 2022 H.R. 4227/S. 3914, Developing and Empowering our Aspiring Leaders Act H.R. 4277, Overdraft Protection Act of 2021 H.R. 4345, Financial Services and General Government Appropriations Act, 2022 H.R. 4521, America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (America COMPETES) Act of 2022, including provisions related to House Amendment 218 H.R. 4590, Promoting New and Diverse Depository Institutions Act H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 H.R. 4773, Consumer Financial Protection Commission Act H.R. 5128/S. 3503, Expanding Access to Capital for Rural Job Creators Act H.R. 5525, Establishing New Authorities for Businesses Laundering and Enabling Risks to Security (ENABLERS) Act H.R. 5586/S. 3056, Prohibiting IRS Financial Surveillance Act H.R. 5598/S. 3961, Access to Small Business Investor Capital Act H.R. 5648/S. 3022, Stop Wall Street Looting Act H.R. 5795/S. 3097, Main Street Growth Act H.R. 5910, Holding SPACs Accountable Act of 2021 H.R. 5911, Fair Hiring in Banking Act H.R. 7151, Ensuring Sound Guidance Act H.R. 7900, National Defense Authorization Act for Fiscal Year 2023 H.R. 7977, Promoting Opportunities for Non-Traditional Capital Formation Act H.R. 8254/S. 4685, Financial Services and General Government Appropriations Act, 2023 H.R. 8521, Investor Democracy is Expected (INDEX) Act S. 479, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act S. 2417, Credit Access and Inclusion Act of 2021 S. 2508, Veterans and Consumers Fair Credit Act S. 3410, The Consumer Protection and Due Process Act S. 3755, Arbitration Fairness for Consumers Act S. 3921, Equal Opportunity for all Investors Act S. 3923, Dodd-Frank Material Disclosure Improvement Act S. 3930, Administrative Enforcement Fairness Act of 2022 S. 3939, Small Entrepreneurs' Empowerment and Development (SEED) Act of 2022 S. 3967, Improving Crowdfunding Opportunities Act S. 3976, Expanding American Entrepreneurship Act S. 4241, Investor Democracy is Expected (INDEX) Act S. 5005, Mandatory Materiality Requirement Act of 2022 Draft legislation titled Jumpstart our Business Startups (JOBS) Act 4.0 of 2022 Draft legislation titled Mandatory Materiality Requirement Act of 2022 Potential legislation to foster economic growth and job creation through capital formation Potential legislation to further economic growth through environmental, social, and governance factors Potential legislation to make changes to the Exchange Act Rule 14a-8 shareholder proposal process Potential legislation to hold proxy voting advice businesses accountable Potential legislation to require the SEC to consider additional standards in the rulemaking process Potential legislation to study the term small entity Potential legislation regarding a new regulatory framework for stablecoins Potential legislation dealing with third party litigation financing and lawsuit lending SEC Money Market Fund Reforms (86 Fed. Reg. 7,248, December 15, 2021) Proposed Rule, Securities and Exchange Commission; Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps, Prohibition against Undue Influence over Chief Compliance Officers, Position Reporting of Large Security-Based Swap Positions (87 Fed. Reg. 6,652-6,706, February 4, 2022) Proposed rule on Enhancement and Standardization of Climate-Related Disclosures for Investors (87 Fed. Reg. 21,334-21,473, April 11,2022) Proposed Rule, Securities and Exchange Commission; Enhanced Disclosures by Certain Investment Advisers and Investment Companies About Environmental, Social, and Governance Investment Practices (87 Fed. Reg. 36,654-36,761, June 17, 2022) Proposed Rule, Securities and Exchange Commission; Investment Company Names (87 Fed. Reg. 36,594-36,651, June 17,2022) Request for Comment on Certain Information Providers Acting as Investment Advisers; Securities and Exchange Commission (87 Fed. Reg. 37,254-37,262, June 22, 2022) Request for Comment, Bureau of Consumer Financial Protection; Agency Information Collection Activities, Report of Terms of Credit Card Plans (Form FR 2572) and Consumer and College Credit Card Agreements (87 Fed. Reg. 50,851-50,852, August 18, 2022) Proposed Rule, Commodity Futures Trading Commission and Securities and Exchange Commission; Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers (87 Fed. Reg. 53,832-53,985 , September 1, 2022) Proposed Rule, Securities and Exchange Commission; Resubmission of Comments and Reopening of Comment Periods for Several Rulemaking Releases Due to a Technological Error is Receiving Certain Comments (87 Fed. Reg. 63,016-63,017, October 18, 2022) SEC Proposed Rule on ESG Disclosures for Investment Advisers and Investment Companies (87 Fed. Reg. 36,654 - 36,761, August 16, 2022) Request for Comment, Securities and Exchange Commission; Draft 2022-2026 Strategic Plan for Securities and Exchange Commission (87 Fed. Reg. 53,040, August 30, 2022) Request for Information, Commodity Futures Trading Commission; Climate-Related Financial Risk (87 Fed. Reg. 34,856-34,862, June 8, 2022) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) (Regulation Z); Financial Stability Oversight Council and the designation of Nonbank Financial Firms as systemically important; Federal Reserve Systems Large Institution Supervision Coordinating Committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA); potential Financial Transaction Tax (FTT); potential Treasury Department proposal relating to tax reporting by banks; investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation of SEC Rule 15c2-11; Department of Labor fiduciary advice exemption: PTE 2020-02; benefits of risk-based pricing; mobile disclosures; Federal Trade Commission issues: Freedom of Information Act Requests, Penalty Offense Authority, Zombie Voting, and overall direction of the Commission under Chair Lina Khan; Tax Reporting Proposal by the Department of the Treasury related to a $600 or more annual account threshold; Amendment to the FY22 National Defense Authorization Act related to credit reporting; Climate-Related Financial Risk Management for Large Banks; House Committee on Financial Services request for information related to Russia sanctions; Consumer Financial Protection Bureau (CFPB) regulatory sandbox for disclosures; CFPB Policy Fellowship program; CFPB amendment of its Supervision and Examination Manual; CFPB conflation of Distinct Statutory Concepts of Unfairness and Discrimination Promoting the importance of appropriate length of SEC Comment Periods; Internal Revenue Service; Priority Guidance Plan; Compliance Assistance Release, Department of Labor; 401(k) Plan Investments in Cryptocurrencies Request for Information, Consumer Financial Protection Bureau; Fees Imposed by Providers of Consumer Financial Products or Services; Notice of Inquiry, Federal Communications Commission; In the Matter of Implementing the Infrastructure Investment and Jobs Act: Prevention and Elimination of Digital Discrimination; (GN Docket No. 22-69); Consumer Financial Protection Bureau; Enhancing Public Data on Auto Lending; Document ID CFPB-2022-0075-0001 (November 17, 2022); Proposed Rule, Securities and Exchange Commission; Open-End Fund Liquidity Risk Management Programs and Swing Pricing, Form N-PORT; Outsourcing by Investment Advisers (File Nos. S7-26-22, S7-25-22; RIN 3325-AM98; RIN 3235-AN18, November 2, 2022); EU sustainable finance action plan and incorporating ESG factors into financial services; EU requirements for supply chain due diligence and disclosure; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; EU Money Market Fund Regulation, legislative review; electronic delivery of certain investment documents and disclosures; Financial Stability Board recommendations on money market fund reform; IOSCO recommendations on sustainability-related practices, polices, procedures, and disclosure in asset management; Office of Financial Research (OFR) discussions on FSOC Report on Climate-Related Financial Risk; Written responses regarding requests for comment resulting from the March 9, 2022 Executive Order on Ensuring Responsible Development of Digital Assets; FinCEN Implementation of the Beneficial Ownership Requirements of the Corporate Transparency Act (P.L. 116-283)
Client expense: $20,990,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · fourth_quarter · Taxation/Internal Revenue Code
Inflation Reduction Act (H.R.5376) implementation: corporate international tax reform, IRS enforcement. No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007)
Client expense: $150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2022 · fourth_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the "No Tax Breaks for Outsourcing Act." Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the "For the 99.5% Act." Lobbied for H.R. 3007 and S. 1545, the "Disclosure of Tax Havens and Offshoring Act," require large, publicly traded corporations to disclose high level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied for H.R. 7502, the "Babies Over Billionaires Act" to make the ultra-wealthy pay their fair share of taxes to fund federal education and health programs. Lobbied in support of new tax revenues in the "Inflation Reduction Act." Lobbied to ensure workers at the U.S. Mint have a safe workplace where they are treated equitably and fairly.
Client expense: $460,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency H.R. 1786/S. 725, Stop Tax Haven Abuse Act S. 991, Corporate Tax Dodging Prevention Act H.R. 3007/S. 1545, Disclosure of Tax Havens and Offshoring Act H.R. 1785/S. 714, No Tax Breaks for Outsourcing Act
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · third_quarter · Financial Institutions/Investments/Securities
H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 1602, Eliminate Barriers to Innovation Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 2620, Investor Choice Act of 2021 H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3448, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act H.R. 3843, Merger Filing Fee Modernization Act of 2022 H.R. 4277, Overdraft Protection Act of 2021 H.R. 4345, Financial Services and General Government Appropriations Act, 2022 H.R. 4521, America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (America COMPETES) Act of 2022, including provisions related to House Amendment 218 H.R. 4590, Promoting New and Diverse Depository Institutions Act H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 H.R. 4773, Consumer Financial Protection Commission Act H.R. 5586/S. 3056, Prohibiting IRS Financial Surveillance Act H.R. 5648/S. 3022, Stop Wall Street Looting Act H.R. 5910, Holding SPACs Accountable Act of 2021 H.R. 5911, Fair Hiring in Banking Act H.R. 7151, Ensuring Sound Guidance Act H.R. 7900, National Defense Authorization Act for Fiscal Year 2023 H.R. 7977, Promoting Opportunities for Non-Traditional Capital Formation Act H.R. 8254/S. 4685, Financial Services and General Government Appropriations Act, 2023 H.R. 8521, Investor Democracy is Expected (INDEX) Act S. 479, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act S. 2417, Credit Access and Inclusion Act of 2021 S. 2508, Veterans and Consumers Fair Credit Act S. 2621, Modernization of Derivatives Tax Act of 2021 S. 3410, The Consumer Protection and Due Process Act S. 3755, Arbitration Fairness for Consumers Act S. 3844, Economic Continuity and Stability Act S. 3914, Developing and Empowering our Aspiring Leaders Act of 2022 S. 4241, Investor Democracy is Expected (INDEX) Act Draft legislation titled Jumpstart our Business Startups (JOBS) Act 4.0 of 2022 Draft legislation titled Mandatory Materiality Requirement Act of 2022 Potential legislation to foster economic growth and job creation through capital formation Potential legislation to further economic growth through environmental, social, and governance factors Potential legislation to make changes to the Exchange Act Rule 14a-8 shareholder proposal process Potential legislation to hold proxy voting advice businesses accountable Potential legislation to expressing a sense of Congress reaffirming the Supreme Court materiality standard Potential legislation to require the SEC to consider additional standards in the rulemaking process Potential legislation to study the term small entity Potential legislation regarding a new regulatory framework for stablecoins Potential legislation dealing with third party litigation financing and lawsuit lending Potential legislation dealing with securities litigation Nomination of Mark Uyeda to be Commissioner of the U.S. Securities and Exchange Commission (SEC) Proposed rule regarding SEC Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers Proposed Rule (86 Fed. Reg. 57,478-57,524, October 15, 2021) Proposed rule regarding Position Reporting of Large Security-Based Swap Positions (87 Fed. Reg. 6,652-6,706, December 15, 2021) SEC Money Market Fund Reforms (86 Fed. Reg. 7,248, December 15, 2021) Proposed rules regarding amendments to Form PF (87 Fed. Reg. 9,106-9,235, January 26, 2022) Proposed rule regarding Share Repurchase Disclosure Modernization (87 Fed. Reg. 8,443-8,472, February 15, 2022) Proposed Rule, Securities and Exchange Commission; Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps, Prohibition against Undue Influence over Chief Compliance Officers, Position Reporting of Large Security-Based Swap Positions (87 Fed. Reg. 6,652-6,706, February 4, 2022) Proposed rule on Enhancement and Standardization of Climate-Related Disclosures for Investors (87 Fed. Reg. 21,334-21,473, April 11,2022) Proposed Rule, Securities and Exchange Commission; Enhanced Disclosures by Certain Investment Advisers and Investment Companies About Environmental, Social, and Governance Investment Practices (87 Fed. Reg. 36,654-36,761, June 17, 2022) Proposed Rule, Securities and Exchange Commission; Investment Company Names (87 Fed. Reg. 36,594-36,651, June 17,2022) Proposed Rule, Securities and Exchange Commission; Share Repurchase Disclosure Modernization (87 Fed. Reg. 8,443-8,472, April 1, 2022) Proposed Rule, Securities and Exchange Commission; Substantial Implementation, Duplication, and Resubmission of Shareholder Proposals Under Exchange Act Rule 14a-8 (87 Fed. Reg. 45,052-45,075. July 27, 2022) Request for Comment on Certain Information Providers Acting as Investment Advisers; Securities and Exchange Commission (87 Fed. Reg. 37,254-37,262, June 22, 2022) Request for Comment, Bureau of Consumer Financial Protection; Agency Information Collection Activities, Report of Terms of Credit Card Plans (Form FR 2572) and Consumer and College Credit Card Agreements (87 Fed. Reg. 50,851-50,852, August 18, 2022) Advance Notice of Proposed Rulemaking, Bureau of Consumer Financial Protection; Credit Card Late Fees and Late Payments (87 Fed. Reg. 42,662, July 18, 2022) Joint Notice of Proposed Rulemaking, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Federal Reserve System; Community Reinvestment Act (87 Fed. Reg. 33,884-34,066, June 3, 2022) Request for Comments, Department of the Treasury; Ensuring Responsible Development of Digital Assets (87 Fed. Reg. 40,881-40,883, July 8, 2022) Request for Comment, International Trade Administration; Developing a Framework on Competitiveness of Digital Asset Technologies (87 Fed. Reg. 30450- 30452, May 19, 2022) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) (Regulation Z); Financial Stability Oversight Council and the designation of Nonbank Financial Firms as systemically important; Federal Reserve Systems Large Institution Supervision Coordinating Committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA); potential Financial Transaction Tax (FTT); potential Treasury Department proposal relating to tax reporting by banks; investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation of SEC Rule 15c2-11; Department of Labor fiduciary advice exemption: PTE 2020-02; benefits of risk-based pricing; mobile disclosures; Federal Trade Commission issues: Freedom of Information Act Requests, Penalty Offense Authority, Zombie Voting, and overall direction of the Commission under Chair Lina Khan; Tax Reporting Proposal by the Department of the Treasury related to a $600 or more annual account threshold; Amendment to the FY22 National Defense Authorization Act related to credit reporting; Climate-Related Financial Risk Management for Large Banks; House Committee on Financial Services request for information related to Russia sanctions; CFPB Policy Fellowship program; CFPB amendment of its Supervision and Examination Manual; CFPB conflation of Distinct Statutory Concepts of Unfairness and Discrimination; Promoting the importance of appropriate length of SEC Comment Periods; Internal Revenue Service; Priority Guidance Plan; Compliance Assistance Release, Department of Labor; 401(k) Plan Investments in Cryptocurrencies Request for Information, Consumer Financial Protection Bureau; Fees Imposed by Providers of Consumer Financial Products or Services; Notice of Inquiry, Federal Communications Commission; In the Matter of Implementing the Infrastructure Investment and Jobs Act: Prevention and Elimination of Digital Discrimination; (GN Docket No. 22-69); EU sustainable finance action plan and incorporating ESG factors into financial services; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; implementation and enforcement of proxy advisory firm regulations finalized in 2020; implementation and enforcement of SEC 14a-8 shareholder proposal process reforms finalized in 2020; EU Money Market Fund Regulation, legislative review; electronic delivery of certain investment documents and disclosures; implementation of beneficial ownership reporting requirements under the National Defense Authorization Act FY2021 (P.L. 116-283); implementation of the Social Security Administrations Electronic Consent Based Social Security Number Verification System Service; Financial Stability Board recommendations on money market fund reform; IOSCO recommendations on sustainability-related practices, polices, procedures, and disclosure in asset management; Office of Financial Research (OFR) discussions on FSOC Report on Climate-Related Financial Risk; staff legal guidance at the SEC concerning no-action letters on shareholder proposals with broad societal impact (Staff Legal Bulletin 14L-CF); SEC Reforms to regulations related to Cybersecurity Disclosures; SEC Reforms to regulations related to Human Capital Management Disclosures; SEC Reforms to regulations related to proxy voting advice businesses; SEC request for information on digital engagement practices; Written responses regarding requests for comment resulting from the March 9, 2022 Executive Order on Ensuring Responsible Development of Digital Assets; SEC Proposed Rule amending 10b5-1; SEC Proposed Rule on Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews; SEC Amended Rule 15c2-11, applicability to 144A securities; SEC Proposed Rule on the Enhancement and Standardization of Climate-Related Disclosures for Investors; SEC Substantial Implementation, Duplication, and Resubmission of Shareholder Proposals Under Exchange Act Rule 14a-8; PCAOB 2022-2026 Draft Strategic Plan; SEC FY 22-26 Strategic Plan; FinCEN Implementation of the Beneficial Ownership Requirements of the Corporate Transparency Act (P.L. 116-283)
Client expense: $23,940,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · third_quarter · Taxation/Internal Revenue Code
H.R. 5376, Inflation Reduction Act of 2022. H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,300,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2022 · third_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the "No Tax Breaks for Outsourcing Act." Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the "For the 99.5% Act." Lobbied for H.R. 3007 and S. 1545, the "Disclosure of Tax Havens and Offshoring Act," require large, publicly traded corporations to disclose high level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied for H.R. 7502, the "Babies Over Billionaires Act" to make the ultra-wealthy pay their fair share of taxes to fund federal education and health programs. Lobbied in support of new tax revenues in the Inflation Reduction Act.
Client expense: $450,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency Issues related to international tax reforms in H.R. 5376, Build Back Better Act/Inflation Reduction Act H.R. 1786/S. 725, Stop Tax Haven Abuse Act S. 991, Corporate Tax Dodging Prevention Act H.R. 3007/S. 1545, Disclosure of Tax Havens and Offshoring Act H.R. 1785/S. 714, No Tax Breaks for Outsourcing Act
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2022 · third_quarter · Taxation/Internal Revenue Code
Inflation Reduction Act (H.R.5376): corporate international tax reform, IRS enforcement. No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007), Clean Energy for America Act (S.2118)
Client expense: $190,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. H.R. 5376, Build Back Better Act, to provide reconciliation pursuant to title II of S. Con. Res. 14. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2022 · second_quarter · Financial Institutions/Investments/Securities
H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 1602, Eliminate Barriers to Innovation Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 2620, Investor Choice Act of 2021 H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3448, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act H.R. 4277, Overdraft Protection Act of 2021 H.R. 4345, Financial Services and General Government Appropriations Act, 2022 H.R. 4350, National Defense Authorization Act for Fiscal Year 2022 H.R. 4521, America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (America COMPETES) Act of 2022, including provisions related to House Amendment 218 H.R. 4590, Promoting New and Diverse Depository Institutions Act H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 H.R. 4773, Consumer Financial Protection Commission Act H.R. 5586/S. 3056, Prohibiting IRS Financial Surveillance Act H.R. 5648/S. 3022, Stop Wall Street Looting Act H.R. 5910, Holding SPACs Accountable Act of 2021 H.R. 5911, Fair Hiring in Banking Act H.R. 7977, Promoting Opportunities for Non-Traditional Capital Formation Act S. 479, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act S. 2417, Credit Access and Inclusion Act of 2021 S. 2508, Veterans and Consumers Fair Credit Act S. 2621, Modernization of Derivatives Tax Act of 2021 S. 3410, The Consumer Protection and Due Process Act S. 3844, Economic Continuity and Stability Act S. 3914, Developing and Empowering our Aspiring Leaders Act of 2022 S. 4241, INvestor Democracy is EXpected (INDEX) Act Draft legislation titled Jumpstart our Business Startups (JOBS) Act 4.0 of 2022 Draft legislation titled Making appropriations for Financial Services and General Government for the fiscal year ending September 30, 2023, and for other purposes Potential legislation to foster economic growth and job creation through capital formation Potential legislation to further economic growth through environmental, social, and governance factors Potential legislation to speed up the timeline of the Holding Foreign Companies Accountable Act Potential legislation to enshrine SEC threshold ownership requirements for shareholder proposals Potential legislation to require the SEC to study barriers in accessing capital for minority entrepreneurs Potential legislation to expressing a sense of Congress reaffirming the Supreme Court materiality standard Potential legislation to require the SEC to consider additional standards in the rulemaking process Nomination of Mark Uyeda to be Commissioner of the U.S. Securities and Exchange Commission (SEC) Proposed rule regarding SEC Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers Proposed Rule (86 Fed. Reg. 57,478-57,524, October 15, 2021) Proposed rule regarding SEC Reporting of Securities Loans (86 Fed. Reg. 69,802-69,853, December 8, 2021) Proposed rule regarding Position Reporting of Large Security-Based Swap Positions (87 Fed. Reg. 6,652-6,706, December 15, 2021) SEC Money Market Fund Reforms (86 Fed. Reg. 7,248, December 15, 2021) Proposed rules regarding amendments to Form PF (87 Fed. Reg. 9,106-9,235, January 26, 2022) Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services, Consumer Financial Protection Bureau; (87 Fed. Reg. 5,801-5,803, February 2, 2022) Request for Comment, Board of Governors of the Federal Reserve System; Framework for the Supervision of Insurance Organizations (87 Fed. Reg. 6,537-6,549, February 4, 2022) Procedural Rule, Request for Comment, Consumer Financial Protection Bureau; Supervisory Authority Over Certain Nonbank Covered Persons Based on Risk Determination; Public Release of Decisions and Orders (87 Fed. Reg. 25397-25398, April 29, 2022) Proposed Rule, Consumer Financial Protection Bureau; Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human Trafficking (Regulation V) (87 Fed. Reg. 20,771-20,781, April 8, 2022) Proposed Rule, Federal Deposit Insurance Corporation; Rules, Regulations, Guidance, and Statement of Policy on Bank Merger Transactions (87 Fed. Reg. 18,740-18,744, March 31, 2022) Proposed Rule; Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure (87 Fed. Reg. 16,590-16,624, May 9, 2022) Proposed Rule, Securities and Exchange Commission; Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews (87 Fed. Reg. 16,886-16,977, March 24, 2022) Request for Comment, Federal Deposit Insurance Corporation; Statement of Principles for Climate-Related Financial Risk Management for Large Financial Institutions (87 Fed. Reg. 19,507-19,512, April 4, 2022) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) (Regulation Z); Financial Stability Oversight Council and the designation of Nonbank Financial Firms as systemically important; Federal Reserve Systems Large Institution Supervision Coordinating Committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA) (P.L. 95-128); potential Financial Transaction Tax (FTT); potential Treasury Department proposal relating to tax reporting by banks; investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation of SEC Rule 15c2-11; Department of Labor fiduciary advice exemption: PTE 2020-02; benefits of risk-based pricing; mobile disclosures; Federal Trade Commission issues: Freedom of Information Act Requests, Penalty Offense Authority, Zombie Voting, and overall direction of the Commission under Chair Lina Khan; Tax Reporting Proposal by the Department of the Treasury related to a $600 or more annual account threshold; Amendment to the FY22 National Defense Authorization Act related to credit reporting; Climate-Related Financial Risk Management for Large Banks; House Committee on Financial Services request for information related to Russia sanctions; Proposed Rule, Securities and Exchange Commission; Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps, Prohibition against Undue Influence over Chief Compliance Officers, Position Reporting of Large Security-Based Swap Positions; Consumer Financial Protection Bureau (CFPB) activities, including a regulatory sandbox for disclosures; CFPB Policy Fellowship program; CFPB amendment of its Supervision and Examination Manual; CFPB conflation of Distinct Statutory Concepts of Unfairness and Discrimination Promoting the importance of appropriate length of SEC Comment Periods; EU sustainable finance action plan and incorporating ESG factors into financial services; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; implementation and enforcement of proxy advisory firm regulations finalized in 2020; implementation and enforcement of SEC 14a-8 shareholder proposal process reforms finalized in 2020; EU Money Market Fund Regulation, legislative review; electronic delivery of certain investment documents and disclosures; implementation of beneficial ownership reporting requirements under the National Defense Authorization Act FY2021 (P.L. 116-283); implementation of the Social Security Administrations Electronic Consent Based Social Security Number Verification System Service; Financial Stability Board recommendations on money market fund reform; IOSCO recommendations on sustainability-related practices, polices, procedures, and disclosure in asset management; Office of Financial Research (OFR) discussions on FSOC Report on Climate-Related Financial Risk; staff legal guidance at the SEC concerning no-action letters on shareholder proposals with broad societal impact (Staff Legal Bulletin 14L-CF); SEC reforms to regulations related to climate disclosures; SEC reforms to regulations related to Shareholder Proposals; SEC reforms to regulations related to Cybersecurity Disclosures; SEC reforms to regulations related to Human Capital Management Disclosures; SEC reforms to regulations related to Share Repurchase Disclosures; SEC reforms to regulations related to 10b5-1 Disclosure; SEC request for information on digital engagement practices; FinCEN Implementation of the Beneficial Ownership Requirements of the Corporate Transparency Act (P.L. 116-283); SEC Reopening of Comment Period on Pay Versus Performance; SEC Proposed Rule amending 10b5-1; SEC Amended Rule 15c2-11, applicability to 144A securities; SEC Proposed Rule on the Enhancement and Standardization of Climate-Related Disclosures for Investors; SEC prosed rule on private fund advisors; documentation of registered investment adviser compliance reviews; Proposed Rule, Securities and Exchange Commission; Share Repurchase Disclosure Modernization; Proposed Rule, Securities and Exchange Commission; The Enhancement and Standardization of Climate-Related Disclosures for Investors; Proposed Rule, Securities and Exchange Commission; Money Market Fund Reforms; Proposed Rule, Securities and Exchange Commission; Share Repurchase Disclosure Modernization; Notice, Internal Revenue Service; Priority Guidance Plan; Compliance Assistance Release, Department of Labor; 401(k) Plan Investments in Cryptocurrencies Request for Information, Consumer Financial Protection Bureau; Fees Imposed by Providers of Consumer Financial Products or Services; cybersecurity risk management and incident reporting; enhancement and standardization of climate related disclosures to investors SEC regulation
Client expense: $15,800,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · second_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the "No Tax Breaks for Outsourcing Act." Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the "For the 99.5% Act." Lobbied for H.R. 3007 and S. 1545, the "Disclosure of Tax Havens and Offshoring Act," require large, publicly traded corporations to disclose high level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied for H.R. 7502, the Babies Over Billionaires Act to make the ultra-wealthy pay their fair share of taxes to fund federal education and health programs. Lobbied in support of $3.6 trillion in new tax revenues outlined in President Biden's Made in America Tax Plan to finance the important investments included in the American Jobs Plan and the American Families Plan.
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the "No Tax Breaks for Outsourcing Act." Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the "For the 99.5% Act." Lobbied for H.R. 3007 and S. 1545, the "Disclosure of Tax Havens and Offshoring Act," require large, publicly traded corporations to disclose high level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied for H.R. 7502, the Babies Over Billionaires Act to make the ultra-wealthy pay their fair share of taxes to fund federal education and health programs. Lobbied in support of $3.6 trillion in new tax revenues outlined in President Biden's Made in America Tax Plan to finance the important investments included in the American Jobs Plan and the American Families Plan.
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Taxation/Internal Revenue Code
Build Back Better Act, No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007), Clean Energy for America Act (S.2118), corporate international tax reform
Client expense: $130,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency H.R. 1786/S. 725, Stop Tax Haven Abuse Act S. 991, Corporate Tax Dodging Prevention Act H.R. 3007/S. 1545, Disclosure of Tax Havens and Offshoring Act H.R. 1785/S. 714, No Tax Breaks for Outsourcing Act H.R. 5376, Build Back Better Act
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2022 · first_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. H.R. 5376, Build Back Better Act, to provide reconciliation pursuant to title II of S. Con. Res. 14. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.
Client expense: $2,540,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2022 · first_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the No Tax Breaks for Outsourcing Act. Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the For the 99.5% Act. Lobbied for H.R. 3007 and S. 1545, the Disclosure of Tax Havens and Offshoring Act, require large, publicly-traded corporations to disclose high-level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied in support of $3.6 trillion in new tax revenues outlined in President Bidens Made in America Tax Plan to finance the important investments included in the American Jobs Plan and the American Families Plan. Government Funding: Lobbied for passage of a full-year omnibus appropriations bill (H.R. 2471) and against a year-long continuing resolution for FY 2022. Supported an additional continuing resolution (H.J.Res. 75) as a means of achieving the full-year omnibus passage. Lobbied on the effects and costs to the public of government shutdowns and extended delays to programmatic changes.
Client expense: $320,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · first_quarter · Financial Institutions/Investments/Securities
H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 1602, Eliminate Barriers to Innovation Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 2620, Investor Choice Act of 2021 H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3448, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act H.R. 4277, Overdraft Protection Act of 2021 H.R. 4345, Financial Services and General Government Appropriations Act, 2022 H.R. 4350, National Defense Authorization Act for Fiscal Year 2022 H.R. 4521, America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (America COMPETES) Act of 2022, including provisions related to House Amendment 218 H.R. 4590, Promoting New and Diverse Depository Institutions Act H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 H.R. 4773, Consumer Financial Protection Commission Act H.R. 5586/S. 3056, Prohibiting IRS Financial Surveillance Act H.R. 5648/S. 3022, Stop Wall Street Looting Act H.R. 5910, Holding SPACs Accountable Act of 2021 H.R. 5911, Fair Hiring in Banking Act S. 479, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act S. 2417, Credit Access and Inclusion Act of 2021 S. 2508, Veterans and Consumers Fair Credit Act S. 2621, Modernization of Derivatives Tax Act of 2021 S. 3410, The Consumer Protection and Due Process Act S. 3755, Arbitration Fairness for Consumers Act S. 3844, Economic Continuity and Stability Act S. 3914, Developing and Empowering our Aspiring Leaders Act of 2022 Potential legislation to foster economic growth and job creation through capital formation Potential legislation to further economic growth through environmental, social, and governance factors Potential legislation to speed up the timeline of the Holding Foreign Companies Accountable Act Potential legislation to enshrine SEC threshold ownership requirements for shareholder proposals Potential legislation to require the SEC to study barriers in accessing capital for minority entrepreneurs Potential legislation to expressing a sense of Congress reaffirming the Supreme Court materiality standard Nomination of Sarah Bloom Raskin to Serve as Vice Chair for Supervision of the Federal Reserve Board of Governors Proposed rule regarding SEC Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers Proposed Rule (86 Fed. Reg. 57,478-57,524, October 15, 2021) Proposed rule regarding SEC Reporting of Securities Loans (86 Fed. Reg. 69,802-69.853, December 8, 2021) Proposed rule regarding Position Reporting of Large Security-Based Swap Positions (87 Fed. Reg. 6,652-6,706, December 15, 2021) SEC Money Market Fund Reforms (86 Fed. Reg. 7,248, December 15, 2021) Proposed rules regarding amendments to Form PF (87 FR 9,106-9,235, January 26, 2022) Request for Information on "Review of Bank Secrecy Act Regulations and Guidance, Financial Crimes Enforcement Network (FinCEN); (86 Fed. Reg. 71,201-71,207, December 15, 2021) Reopening of Comment Period for Pay Versus Performance Proposed Rule, Securities and Exchange Commission; (87 Fed. Reg. 5,751-5,759, February 2, 2022) Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services, Consumer Financial Protection Bureau; (87 Fed. Reg. 5,801-5,803, February 2, 2022) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; CFPB regulatory sandbox for disclosures; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) (Regulation Z); Financial Stability Oversight Council and the designation of Nonbank Financial Firms as systemically important; Federal Reserve Systems Large Institution Supervision Coordinating Committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA); potential Financial Transaction Tax (FTT); potential Treasury Department proposal relating to tax reporting by banks; investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation of SEC Rule 15c2-11; Department of Labor fiduciary advice exemption: PTE 2020-02; benefits of risk-based pricing; mobile disclosures; Federal Trade Commission issues: Freedom of Information Act Requests, Penalty Offense Authority, Zombie Voting, and overall direction of the Commission under Chair Lina Khan; Tax Reporting Proposal by the Department of the Treasury related to a $600 or more annual account threshold; Amendment to the FY22 National Defense Authorization Act related to credit reporting; Climate-Related Financial Risk Management for Large Banks; House Committee on Financial Services request for information related to Russia sanctions; EU sustainable finance action plan and incorporating ESG factors into financial services; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; implementation and enforcement of SEC 14a-8 shareholder proposal process reforms finalized in 2020; EU Money Market Fund Regulation, legislative review; electronic delivery of certain investment documents and disclosures; implementation of beneficial ownership reporting requirements under the National Defense Authorization Act FY2021 (P.L. 116-283); implementation of the Social Security Administrations Electronic Consent Based Social Security Number Verification System Service; Financial Stability Board recommendations on money market fund reform; IOSCO recommendations on sustainability-related practices, polices, procedures, and disclosure in asset management; Office of Financial Research (OFR) discussions on FSOC Report on Climate-Related Financial Risk; staff legal guidance at the SEC concerning no-action letters on shareholder proposals with broad societal impact (Staff Legal Bulletin 14L-CF); SEC reforms to regulations related to climate disclosures; SEC reforms to regulations related to Shareholder Proposals; SEC reforms to regulations related to Cybersecurity Disclosures; SEC reforms to regulations related to Human Capital Management Disclosures; SEC reforms to regulations related to Share Repurchase Disclosures; SEC reforms to regulations related to 10b5-1 Disclosure; SEC request for information on digital engagement practices; FinCEN Implementation of the Beneficial Ownership Requirements of the Corporate Transparency Act; SEC Reopening of Comment Period on Pay Versus Performance; SEC Proposed Rule Regarding Share Repurchase Disclosure Modernization; SEC Proposed Rule amending 10b5-1; Proposed Rule, Securities and Exchange Commission; Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps, Prohibition against Undue Influence over Chief Compliance Officers, Position Reporting of Large Security-Based Swap Positions; Proposed Rule, Securities and Exchange Commission; Rule 10b5-1 and Insider Trading; Proposed Rule, Securities and Exchange Commission; Share Repurchase Disclosure Modernization; Proposed Rule, Securities and Exchange Commission; Proxy Voting Advice; Requesting an Extension of the Comment Period for the Securities and Exchange Commissions Private Fund Advisers Proposal; Proposed rule, Securities and Exchange Commission; Reporting of Securities Loans; third party litigation financing and lawsuit lending; cybersecurity risk management and incident reporting; enhancement and standardization of climate related disclosures to investors SEC regulation
Client expense: $18,660,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · first_quarter · Taxation/Internal Revenue Code
Build Back Better Act, No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007), Clean Energy for America Act (S.2118), corporate international tax reform
Client expense: $220,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · first_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency H.R. 1786/S. 725, Stop Tax Haven Abuse Act S. 991, Corporate Tax Dodging Prevention Act H.R. 3007/S. 1545, Disclosure of Tax Havens and Offshoring Act H.R. 1785/S. 714, No Tax Breaks for Outsourcing Act H.R. 5376, Build Back Better Act
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2021 · second_quarter · Financial Institutions/Investments/Securities
H.R. 1087 - Shareholder Political Transparency Act of 2021 H.R. 1187 - ESG Disclosure Simplification Act of 2021 H.R. 1188 - Greater Accountability in Pay Act H.R. 1277 - Improving Corporate Governance Through Diversity Act of 2021 H.R. 1549 - Addressing Climate Financial Risk Act of 2021 H.R. 1780 - Paris Climate Agreement Disclosure Act H.R. 1996 - Secure And Fair Enforcement (SAFE) Banking Act of 2021 H.R. 2632 - Build for Future Disasters Act H.R. 2570 - Climate Risk Disclosure Act H.R. 3007 - Disclosure of Tax Havens and Offshoring Act H.R. ___ - Oil and Minerals Corruption Prevention Act S. 374 - Improving Corporate Governance Through Diversity Act of 2021 S. 530 - Shareholder Protection Act of 2021 S. 588 - Addressing Climate Financial Risk Act of 2021 S. 910 - Secure And Fair Enforcement (SAFE) Banking Act of 2021 S. 1217 - Climate Risk Disclosure Act S. 1545 - Disclosure of Tax Havens and Offshoring Act S. 1876 - Climate Change Financial Risk Act of 2021 Cyber security, cyber insurance, cyber terrorism insurance, and data breach legislation Dodd-Frank Act legislation
Client expense: $380,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2021 · fourth_quarter · Financial Institutions/Investments/Securities
H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 1602, Eliminate Barriers to Innovation Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2072, Uyghur Forced Labor Disclosure Act H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 2620, Investor Choice Act of 2021 H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3448, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act H.R. 4277, Overdraft Protection Act of 2021 H.R. 4345, Financial Services and General Government Appropriations Act, 2022 H.R. 4350, National Defense Authorization Act for Fiscal Year 2022 H.R. 4590, Promoting New and Diverse Depository Institutions Act H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 H.R. 4773, Consumer Financial Protection Commission Act H.R. 5586/S. 3056, Prohibiting IRS Financial Surveillance Act H.R. 5648/S. 3022, Stop Wall Street Looting Act H.R. 5910, Holding SPACs Accountable Act of 2021 H.R. 5911, Fair Hiring in Banking Act S. 479, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act S. 2417, Credit Access and Inclusion Act of 2021 S. 2508, Veterans and Consumers Fair Credit Act S. 2621, Modernization of Derivatives Tax Act of 2021 S. 3410, The Consumer Protection and Due Process Act Potential legislation to foster economic growth and job creation through capital formation Potential legislation to further economic growth through environmental, social, and governance factors Potential legislation to speed up the timeline of the Holding Foreign Companies Accountable Act Potential legislation to enshrine SEC threshold ownership requirements for shareholder proposals Potential legislation to require the SEC to study barriers in accessing capital for minority entrepreneurs Potential companion legislation to H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 Nomination of Saule Omarova to serve as Comptroller of Currency Proposed rule regarding SEC Proxy Voting Advice Proposed Rule (86 Fed. Reg. 67,383-67,402, November 26, 2021) Proposed rule regarding SEC Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers Proposed Rule (86 Fed. Reg. 57,478-57,524, October 15, 2021) Notice, Federal Reserve System, the Federal Deposit Insurance Corporation, and the Comptroller of the Currency; Proposed Interagency Guidance on Third-Party Relationships: Risk Management, (86 Fed. Reg. 38,182-38,204, July 19, 2021) Final rule regarding SEC Universal Proxy (86 Fed. Reg. 68,330-68,381, December 1, 2021) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; CFPB regulatory sandbox for disclosures; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) Regulation Z; Financial Stability Oversight Council and the designation of Nonbank Financial Firms as systemically important; Federal Reserve Systems Large Institution Supervision Coordinating Committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA); potential Financial Transaction Tax (FTT); potential Treasury Department proposal relating to tax reporting by banks; investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation of SEC Rule 15c2-11; Department of Labor fiduciary advice exemption: PTE 2020-02; benefits of risk-based pricing; mobile disclosures; Federal Trade Commission issues: Freedom of Information Act Requests, Penalty Offense Authority, Zombie Voting, and overall direction of the Commission under Chair Lina Khan; Tax Reporting Proposal by the Department of the Treasury related to a $600 or more annual account threshold; Amendment to the FY22 National Defense Authorization Act related to credit reporting; EU sustainable finance action plan and incorporating ESG factors into financial services; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; implementation and enforcement of proxy advisory firm regulations finalized in 2020; implementation and enforcement of SEC 14a-8 shareholder proposal process reforms finalized in 2020; EU Money Market Fund Regulation, legislative review; electronic delivery of certain investment documents and disclosures; implementation of beneficial ownership reporting requirements under the National Defense Authorization Act FY2021 (P.L. 116-283); implementation of the Social Security Administrations Electronic Consent Based Social Security Number Verification System Service; Financial Stability Board recommendations on money market fund reform; IOSCO recommendations on sustainability-related practices, polices, procedures, and disclosure in asset management; Office of Financial Research (OFR) discussions on FSOC Report on Climate-Related Financial Risk; staff legal guidance at the SEC concerning no-action letters on shareholder proposals with broad societal impact (Staff Legal Bulletin 14L-CF); SEC request for information on climate disclosures; SEC Reforms to regulations related to Shareholder Proposals; SEC Reforms to regulations related to Cybersecurity Disclosures; SEC Reforms to regulations related to Human Capital Management Disclosures; SEC Reforms to Money Market Funds Regulations; SEC request for information on digital engagement practices; FinCEN Implementation of the Beneficial Ownership Requirements of the Corporate Transparency Act; potential legislation dealing with third party litigation financing and lawsuit lending
Client expense: $19,560,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Bureau of Reclamation, Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Aeronautics & Space Administration (NASA), Natl Economic Council (NEC), Natl Highway Traffic Safety Administration (NHTSA), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Science Foundation (NSF), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Fish & Wildlife Service (USFWS), U.S. Trade Representative (USTR), White House Office
2021 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. H.R. 5376, Build Back Better Act, to provide reconciliation pursuant to title II of S. Con. Res. 14. Administrations Fiscal Year 2022 Revenue Proposals relating to corporate and international taxation.
Client expense: $2,470,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institute of Standards & Technology (NIST), Natl Science Foundation (NSF), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS), U.S. Trade Representative (USTR), Veterans Affairs, Dept of (VA), White House Office
2021 · fourth_quarter · Taxation/Internal Revenue Code
Build Back Better Act, No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007), Clean Energy for America Act (S.2118), corporate international tax reform
Client expense: $140,000 · Firm income: Not reported
Government targets: Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Highway Traffic Safety Administration (NHTSA), Natl Labor Relations Board (NLRB), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Customs & Border Protection, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR), White House Office
2021 · fourth_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency H.R. 1785, S. 714, No Tax Breaks for Outsourcing Act H.R. 1786, S. 725, Stop Tax Haven Abuse Act S. 586, Corporate Tax Dodging Prevention Act H.R. 3007, S. 1545, Disclosure of Tax Havens and Offshoring Act H.R. 5376, Build Back Better Act Senate Finance Committee Framework for International Tax
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Security Council (NSC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2021 · fourth_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the No Tax Breaks for Outsourcing Act. Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the For the 99.5% Act. Lobbied for H.R. 3007 and S. 1545, the Disclosure of Tax Havens and Offshoring Act, require large, publicly-traded corporations to disclose high-level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied in support of $3.6 trillion in new tax revenues outlined in President Bidens Made in America Tax Plan to finance the important investments included in the American Jobs Plan and the American Families Plan. Build Back Better: Lobbied for inclusion of federal employee priorities - including paid family and medical leave for federal employees, less restrictive student loan forgiveness, equalizing locality pay boundaries for wage-grade employees, and restoring the employee contribution to the Federal Employee Retirement System to 0.8% for all federal employees and supporting the bills provisions for universal pre-K, extension of the child tax credit, home health care and Medicare provision of hearing loss care.
Client expense: $392,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Air Force, Dept of, Army, Dept of (Corps of Engineers), Army, Dept of (Other), Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Defense Commissary Agency, Defense Contract Audit Agency (DCAA), Defense Finance & Accounting Service (DFAS), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Federal Emergency Management Agency (FEMA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institutes of Health (NIH), Navy, Dept of, Office of Management & Budget (OMB), Office of Personnel Management (OPM), SENATE, Transportation Security Administration (TSA), Transportation, Dept of (DOT), U.S. Coast Guard (USCG), U.S. Customs & Border Protection, U.S. Immigration & Customs Enforcement (ICE), U.S. Marines, Veterans Affairs, Dept of (VA), Voice of America
2021 · third_quarter · Taxation/Internal Revenue Code
H.R. 328/S. 817, Wall Street Tax Act of 2021 H.R. 1381/S. 480, Main Street Tax Certainty Act of 2021 H.R. 1712/S. 617, Death Tax Repeal Act H.R. 1304, American Innovation and R&D Competitiveness Act of 2021 H.R. 2735/S. 1283, Tax on Wall Street Speculation Act H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3425, Saving Gig Economy Taxpayers Act H.R. 3684, Infrastructure Investment and Jobs Act S. 749, American Innovation and Jobs Act S. 948, A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold S. 1274, Remote and Mobile Worker Relief Act of 2021 S. 1298, Clean Energy for America Act S. 2621, Modernization of Derivatives Tax Act of 2021 S. 2758, Stock Buyback Accountability Act of 2021 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs; Tax Cuts and Jobs Act (P.L. 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code Section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look-thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; digital services taxes; global anti-base erosion proposal (GloBE) under Pillar Two; general business tax credits; Memorandum for the Secretary of the Treasury deferring payroll tax obligations in light of the ongoing COVID-19 disaster; taxation of mobile and remote workers during the coronavirus pandemic; tax free paycheck protection program loan forgiveness; Paycheck Protection Program (PPP) tax deductibility; work opportunity tax credit; implementation of the American Rescue Plan Act (P.L. 117-2) including Section 9674 relating to 1099-K form reporting; IRS priority guidance plan; continuation of the stepped-up basis; potential corporate tax rate increase; continuation of the percentage depletion tax deduction; potential U.S. - Chile income tax treaty; remote notarization; proposal to repeal section 852(b)(6) of the Internal Revenue Code; proposal to increase the capital gains rate
Client expense: $16,360,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
2021 · third_quarter · Financial Institutions/Investments/Securities
H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 1602, Eliminate Barriers to Innovation Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3412, Alleviating Stress Test Burdens to Help Investors Act H.R. 3448, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act H.R. 4345, Financial Services and General Government Appropriations Act, 2022 H.R. 4350, National Defense Authorization Act for Fiscal Year 2022 H.R. 4590, Promoting New and Diverse Depository Institutions Act H.R. 4616, Adjustable Interest Rate (LIBOR) Act of 2021 H.R. 4773, Consumer Financial Protection Commission Act S. 479, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act S. 2417, Credit Access and Inclusion Act of 2021 S. 2508, Veterans and Consumers Fair Credit Act S.J. Res. 15, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders" Potential legislation to foster economic growth and job creation through capital formation Nomination of Saule Omarova to serve as Comptroller of Currency Request for Information on Monitoring Availability and Affordability of Auto Insurance; Assessing the Potential Evolution of the Auto Insurance Market (86 Fed. Reg. 28,681 - 28,683, May 27, 2021) Request for Comment, Agency Information Collection Activities (86 Fed. Reg. 43,999 - 44,000, August 11, 2021) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; CFPB regulatory sandbox for disclosures; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) Regulation Z; Financial Stability Oversight Council and the designation of Nonbank Financial Firms as systemically important; Federal Reserve Systems Large Institution Supervision Coordinating Committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA); potential Financial Transaction Tax (FTT); potential Treasury Department proposal relating to tax reporting by banks; investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation of SEC Rule 15c2-11; Department of Labor fiduciary advice exemption: PTE 2020-02; benefits of risk-based pricing; SEC request for information on climate disclosures; SEC Reforms to regulations related to Proxy Advice; SEC Reforms to regulations related to Proxy Voting; SEC Reforms to regulations related to Shareholder Proposals; SEC Reforms to Money Market Funds Regulations; SEC implementation of Rule 15c2-11; SEC request for information on digital engagement practices; FinCEN Implementation of the Beneficial Ownership Requirements of the Corporate Transparency Act; EU sustainable finance action plan and incorporating ESG factors into financial services; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; implementation and enforcement of proxy advisory firm regulations finalized in 2020; implementation and enforcement of SEC 14a-8 shareholder proposal process reforms finalized in 2020; EU Money Market Fund Regulation, legislative review; electronic delivery of certain investment documents and disclosures; implementation of beneficial ownership reporting requirements under the National Defense Authorization Act FY 2021 (P.L. 116-283); implementation of the Social Security Administrations Electronic Consent Based Social Security Number Verification System Service; Financial Stability Board recommendations on money market fund reform; IOSCO recommendations on sustainability-related practices, polices, procedures, and disclosure in asset management; Office of Financial Research (OFR) discussions on FSOC Report on Climate-Related Financial Risk; potential legislation dealing with third party litigation financing and lawsuit lending
Client expense: $16,360,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
2021 · third_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. H.R. 5376, Build Back Better Act, to provide reconciliation pursuant to title II of S. Con. Res. 14. Administrations Fiscal Year 2022 Revenue Proposals relating to corporate and international taxation.
Client expense: $2,630,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institute of Standards & Technology (NIST), Natl Science Foundation (NSF), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS), U.S. Trade Representative (USTR), Veterans Affairs, Dept of (VA), White House Office
2021 · third_quarter · Taxation/Internal Revenue Code
Biden Made in America Tax Plan HR 564- Paid Family Medical Leave HR 1785, S 714- No Tax Breaks for Outsourcing Act HR 2576, S 994- For the 99.5% Act S 510, HR 1459- Ultra-Millionaire Tax Act of 2021 HR 3805, S 2028- Millionaires Surtax Act Sensible Taxation and Equity Promotion (STEP) Act, discussion draft HR 1068- Carried Interest Fairness Act HR 1116- IRS Enhancement and Tax Gap Reduction Act HR 1200, S 1857- Stop CHEATERS Act (Stop Corporations and High Earners from Avoiding Taxes and Enforce Rules Strictly) S 1788- Restoring the IRS Act of 2021 HR 328, S 817- Wall Street Tax Act HR 2735, S 1283- Tax on Wall Street Speculation Act 28% cap on value of individual itemized deductions 20% deduction for business owners' pass thru income to individual taxes HR 2286- Deemed Realization of capital gains at death or bequest Deemed Realization (one-time) at death or transfer for significant assets (e.g. >$1,000,000,000) Babies Over Billionaires Act (Deemed Realization on individuals with large unrealized capital gains during COVID timeframe) S 1652- Paying a Fair Share Act S 2680, HR 4940- Real Corporate Profits Tax S 794- Tax Excessive CEO Pay Act Individual taxes: Surtax, higher rates on high incomes, close loopholes, Mark to Market Individual tax rate: raise top rate to 39.6% or higher Close NIIT and SECA tax loopholes and dedicate revenue to fund Medicare Corporate taxes (e.g. higher rates, close loopholes, raise revenue) Corporate taxes: minimum 15% Individual tax itemized deduction for state and local taxes (i.e. SALT) Earned income tax credit and child tax credits HR 2549, S 1157- Tax Fairness for Workers Act HR 696, S 147- CARES Windfall for the Wealthiest Repeal Act General Business Tax Credits refundability Refundable NOL Carryover, Credit for R & D COVID-19 expenditures COVID Relief Package, Millionaires Giveaway Net Operating Loss tax break Ways and Means Draft, The Building an Economy for Families Act Payroll tax credit for child care providers (employer side refundable credit) HR 3007, S 1545- Disclosure of Tax Havens and Offshoring Act
Client expense: $570,000 · Firm income: Not reported
Government targets: Centers For Medicare and Medicaid Services (CMS), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office
2021 · third_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the No Tax Breaks for Outsourcing Act. Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the For the 99.5% Act. Lobbied for H.R. 3007 and S. 1545, the Disclosure of Tax Havens and Offshoring Act, require large, publicly-traded corporations to disclose high-level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied in support of $3.6 trillion in new tax revenues outlined in President Bidens Made in America Tax Plan to finance the important investments included in the American Jobs Plan and the American Families Plan. Build Back Better: Lobbied for inclusion of federal employee priorities - title 5 rights for Transportation Security Officers, paid family and medical leave for federal employees, less restrictive student loan forgiveness, equalizing locality pay boundaries for wage-grade employees, and restoring the employee contribution to the Federal Employee Retirement System to 0.8% for all federal employees.
Client expense: $420,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Air Force, Dept of, Army, Dept of (Corps of Engineers), Army, Dept of (Other), Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Defense Commissary Agency, Defense Contract Audit Agency (DCAA), Defense Finance & Accounting Service (DFAS), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Federal Emergency Management Agency (FEMA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institutes of Health (NIH), Navy, Dept of, Office of Management & Budget (OMB), Office of Personnel Management (OPM), SENATE, Transportation Security Administration (TSA), Transportation, Dept of (DOT), U.S. Coast Guard (USCG), U.S. Customs & Border Protection, U.S. Immigration & Customs Enforcement (ICE), U.S. Marines, Veterans Affairs, Dept of (VA), Voice of America
2021 · third_quarter · Taxation/Internal Revenue Code
Build Back Better Act, No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007), Clean Energy for America Act (S.2118), corporate international tax reform
Client expense: $190,000 · Firm income: Not reported
Government targets: Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Highway Traffic Safety Administration (NHTSA), Natl Labor Relations Board (NLRB), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Customs & Border Protection, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR), White House Office
2021 · third_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency H.R. 1785, S. 714, No Tax Breaks for Outsourcing Act H.R. 1786, S. 725, Stop Tax Haven Abuse Act S. 586, Corporate Tax Dodging Prevention Act H.R. 3007, S. 1545, Disclosure of Tax Havens and Offshoring Act H.R. 5376, Build Back Better Act Senate Finance Committee Framework for International Tax
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Security Council (NSC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2021 · second_quarter · Taxation/Internal Revenue Code
H.R. 1304 American Innovation and R&D Competitiveness Act of 2021 - Issues related to R&D tax treatment. S. 749 American Innovation and Jobs Act - Issues related to R&D tax treatment. H.R. 3007 Disclosure of Tax Havens and Offshoring Act - Issues related to corporate governance. General issues on international tax.
Client expense: $1,060,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Defense Advanced Research Projects Agency (DARPA), Defense, Dept of (DOD), Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Navy, Dept of, SENATE, Treasury, Dept of, U.S. Marines, U.S. Trade Representative (USTR)
2021 · second_quarter · Taxation/Internal Revenue Code
H.R. 328/S. 817, Wall Street Tax Act of 2021 H.R. 1381/S. 480, Main Street Tax Certainty Act H.R. 1712/S. 617, Death Tax Repeal Act H.R. 1304, American Innovation and R&D Competitiveness Act of 2021 H.R. 2735/S. 1283, Tax on Wall Street Speculation Act H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3425, Saving Gig Economy Taxpayers Act S. 749, American Innovation and Jobs Act S. 948, A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold S. 1274, Remote and Mobile Worker Relief Act of 2021 S. 1298, Clean Energy for America Act Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs; Tax Cuts and Jobs Act (P.L. 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code Section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look-thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; digital services taxes; global anti-base erosion proposal (GloBE) under pillar two; general business tax credits; Memorandum for the Secretary of the Treasury deferring payroll tax obligations in light of the ongoing COVID-19 disaster; taxation of mobile and remote workers during the coronavirus pandemic; tax free paycheck protection program loan forgiveness; Paycheck Protection Program (PPP) tax deductibility; work opportunity tax credit; implementation of the American Rescue Plan Act (P.L. 117-2) including Section 9674 relating to 1099-K form reporting; IRS priority guidance plan; 199A tax deduction; continuation of the steeped-up basis; potential corporate tax rate increase; continuation of the percentage depletion tax deduction; European Commissions consultation on a proposed digital levy; international tax provisions; corporate tax rate; extension of expiring tax provisions; general COVID relief legislation
Client expense: $11,640,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
2021 · second_quarter · Financial Institutions/Investments/Securities
H.R. 1087, Shareholder Political Transparency Act of 2021 H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1277/S. 374, Improving Corporate Governance Through Diversity Act of 2021 H.R. 2025/S. 840, To amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes H.R. 2516, Promoting Diversity and Inclusion in Banking Act of 2021 H.R. 2543, Federal Reserve Racial and Economic Equity Act H.R. 2547, Comprehensive Debt Collection Improvement Act H.R. 2570, Climate Risk Disclosure Act of 2021 H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3412, To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act H.R. 3448, Helping Startups Continue to Grow Act H.R. 3454, Modernizing Disclosures for Investors Act S.J. Res. 15, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders" Draft legislation titled Adjustable Interest Rate Act of 2021 Potential legislation similar to S. 4129, Lifting Our Communities through Advance Liquidity for (LOCAL) Infrastructure Act (116th Congress) Potential legislation to foster economic growth and job creation through capital formation; Agency Information Collection Activities, Comment Request (86 Fed. Reg. 17,664, April 5, 2021) Proposed rule on Beneficial Ownership Information Reporting Requirements (86 Fed. Reg. 17,557 - 17,565, April 5, 2021) Proposed rule on CFPB Rulemaking, Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X (86 Fed. Reg, 18,840 - 18,881, April 9, 2021) Interim Final Rule on Holding Foreign Companies Accountable Act Disclosure (86 Fed. Reg. 17,528 - 17,543, April 5, 2021) Proposed rule and Reopening of Comment Period for Universal Proxy (86 Fed. Reg. 24,364 - 24,368, May 6, 2021) Various issues relating to SEC Best Interest and Enhancing Investment Adviser Regulation relating to broker-dealers, registered investment advisers, conflicts of interest; potential federal preemption of state fiduciary standards; Public Company Accounting Oversight Board (PCAOB); Appointment of Dr. Zoe-Vonna Palmrose to serve as a member of the Standards Advisory Group (SAG) at the Public Company Accounting Oversight Board (PCAOB); CFTCs de minimis Exception for Swap Dealers; CFPB regulatory sandbox for disclosures; Securities and Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; proxy process, proxy advisory firms, and other related aspects of corporate governance; corporate common ownership; adoption of the current expected credit loss (CECL) accounting standard; role of credit reporting agencies (CRAs) in the U.S. economy; debt collection practices (regulation F) under the Fair Debt Collection Practices Act (P.L. 95-109); qualified mortgage definition under the Truth in Lending Act (P.L. 90-321) Regulation Z; Financial Stability Oversight Council and the designation of nonbank financial firms as systemically important; Federal Reserve Systems large institution supervision coordinating committee; potential housing finance reform legislation; enforcement of Securities and Exchange Commission penalties; EU sustainable finance action plan and incorporating ESG factors into financial services; EU review of Alternative Investment Fund Managers Directive; EU review of prudential regime for investment firms; transition from London Interbank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR); potential repeal of the State and Local Tax (SALT) Cap; federal interest rate authority; Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) reform; electronic consent-based SSN Verification Service (eCBSV); environmental, social, and governance (ESG) enforcement; information Collection under the Community Reinvestment Act (CRA); potential Financial Transaction Tax (FTT); investment company cross trading; potential money market fund reform measures; resolutions to establish task forces on Artificial Intelligence and Financial Technology in the House Committee on Financial Services; transition to the secured overnight financing rate; implementation and enforcement of Regulation Best Interest by the Securities and Exchange Commission; changes in the enforcement policies of the Securities and Exchange Commission; activity of the Financial Stability Oversight Council and recommendations on macro-prudential regulation; clarification in the regulatory treatment of digital assets by the Securities and Exchange Commission and the Commodity Futures Trading Commission; implementation and enforcement of proxy advisory firm regulations finalized in 2020; implementation and enforcement of SEC 14a-8 shareholder proposal process reforms finalized in 2020; EU money market fund regulation, legislative review; electronic delivery of certain investment documents and disclosures; implementation of beneficial ownership reporting requirements under the National Defense Authorization Act FY 2021 (P.L. 116-283); implementation of the Social Security Administrations Electronic Consent Based Social Security Number Verification System Service; SEC request for information on climate disclosures; SEC reforms to money market funds regulations; potential legislation related to securities litigation; COVID related securities litigation; Supreme Courts Cyan decision; potential legislation dealing with third party litigation financing and lawsuit lending; potential legislation related to securities litigation
Client expense: $11,640,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
2021 · second_quarter · Taxation/Internal Revenue Code
H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 Revenue Proposals relating to corporate and international taxation.
Client expense: $2,470,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institute of Standards & Technology (NIST), Natl Science Foundation (NSF), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS), U.S. Trade Representative (USTR), Veterans Affairs, Dept of (VA), White House Office
2021 · second_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency H.R. 1785, S. 714, No Tax Breaks for Outsourcing Act H.R. 1786, S. 725, Stop Tax Haven Abuse Act S. 586, Corporate Tax Dodging Prevention Act H.R. 3007, S. 1545, Disclosure of Tax Havens and Offshoring Act
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Security Council (NSC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS)
2021 · second_quarter · Taxation/Internal Revenue Code
ALIGN Act American Families Plan American Jobs Plan Business interest deduction Death Tax Repeal Act Estate Tax Full Expensing General Business Tax Credits GILTI H.R. 1187 Corporate Governance Improvement and Investor Protection Act H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 3007 Disclosure of Tax Havens and Offshoring Act OECD Digital Tax Project Onshoring tax incentives Partnership Taxes R&D Amortization R&D Tax Credit Remote Worker Relief S. 1077 Permanently Preserving Americas Investment in Manufacturing Act S. 537, Healthy Workplaces Act S. 749, American Innovation and Jobs Act S.1274 Remote and Mobile Worker Relief Act Stepped-up Basis Tax Reform Implementation
Client expense: $5,490,000 · Firm income: Not reported
Government targets: African Development Foundation, Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense Logistics Agency, Defense, Dept of (DOD), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Export-Import Bank of the United States (EXIM Bank), Federal Emergency Management Agency (FEMA), Federal Maritime Commission, Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Highway Traffic Safety Administration (NHTSA), Natl Security Council (NSC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of the Vice President of the United States, Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), U.S. Agency for International Development (USAID), U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
2021 · second_quarter · Financial Institutions/Investments/Securities
Beneficial Ownership ESG Disclosures H.R. 1087, Shareholder Political Transparency Act H.R. 1187, Corporate Governance Improvement and Investor Protection Act H.R. 1187, ESG Disclosure Simplification Act H.R. 1188, Greater Accountability in Pay Act H.R. 2570, Climate Risk Disclosure Act H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 4345, Financial Services and General Government Appropriations Act, 2022 Pension and Budget Integrity Act Proxy Advisory Firm Oversight Proxy Resubmission Thresholds Shareholder Activism
Client expense: $5,490,000 · Firm income: Not reported
Government targets: African Development Foundation, Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense Logistics Agency, Defense, Dept of (DOD), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Export-Import Bank of the United States (EXIM Bank), Federal Emergency Management Agency (FEMA), Federal Maritime Commission, Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Highway Traffic Safety Administration (NHTSA), Natl Security Council (NSC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of the Vice President of the United States, Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), U.S. Agency for International Development (USAID), U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
2021 · second_quarter · Taxation/Internal Revenue Code
Lobbied to increase funding for the IRS and better target IRS tax enforcement. Lobbied for H.R. 1786 and S. 725, a bill to end offshore corporate tax avoidance, and for other purposes, known as the, No Tax Breaks for Outsourcing Act. Lobbied for S. 994, a bill to reinstate estate and generation-skipping taxes, and for other purposes, known as the, For the 99.5% Act. Lobbied for H.R. 3007 and S. 1545, the Disclosure of Tax Havens and Offshoring Act, require large, publicly-traded corporations to disclose high-level financial information (i.e., profits, revenues, taxes, number of employees, and assets) on a country-by-country basis to shine a spotlight on tax avoidance strategies and contribute to a fair and transparent tax system. Lobbied in support of $3.6 trillion in new tax revenues outlined in President Bidens Made in America Tax Plan to finance the important investments included in the American Jobs Plan and the American Families Plan. American Jobs Plan: Lobbied for inclusion of federal employee priorities - title 5 rights for Transportation Security Officers, paid family and medical leave for federal employees, less restrictive student loan forgiveness, equalizing locality pay boundaries for wage-grade employees, and restoring the employee contribution to the Federal Employee Retirement System to 0.8% for all federal employees.
Client expense: $350,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Air Force, Dept of, Army, Dept of (Corps of Engineers), Army, Dept of (Other), Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Defense Commissary Agency, Defense Contract Audit Agency (DCAA), Defense Finance & Accounting Service (DFAS), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Federal Emergency Management Agency (FEMA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institutes of Health (NIH), Navy, Dept of, Office of Management & Budget (OMB), Office of Personnel Management (OPM), SENATE, Transportation Security Administration (TSA), Transportation, Dept of (DOT), U.S. Coast Guard (USCG), U.S. Customs & Border Protection, U.S. Immigration & Customs Enforcement (ICE), U.S. Marines, Veterans Affairs, Dept of (VA), Voice of America
2021 · second_quarter · Taxation/Internal Revenue Code
Biden Made in America Tax Plan The Building an Economy for Families Act Payroll tax for child care providers (employers side refundable credit) Businesses PPP Double Dip H.R. 696/S. 147 - CARES Windfall for the Wealthiest Repeal Act H.R. 1068 - Carried Interest Fairness Act Close NIIT & SECA tax loopholes & direct revenue to Fund Medicare Corporate tax (e.g. higher rates, close loopholes, raise revenue) Corporate tax: Minimum 15% H.R. 2286 - Deemed Realization of capital gains at death or bequest H.R. 3007/S. 1545 - Disclosure of Tax Havens and Offshoring Act Earned income tax credit and child tax credits Fairness in Taxation Act H.R. 2576/S. 994 - For the 99.5% Act General Business Tax Credits refundability Individual tax rate (e.g. surtax, higher rate, close loopholes, Mark to Market) Individual tax rate: raise top rate to 39.6% or higher Individual tax itemized deduction for state & local taxes (e.g. SALT) IRS Enhancement and Tax Gap Reduction Act H.R. 3805/S. 2028 - Millionaires Surtax Act COVID Relief Package - Millionaires Giveaway Net Operating Loss tax break H.R. 1785/S. 714 - No Tax Breaks for Outsourcing Act Paid Family Medical Leave S. 1652 - Paying a Fair Share Act Real Corporate Profits Tax Refundable NOL Carryover, Credit for R&D COVID-19 expenditures S. 1788 - Restoring the IRS Act of 2021 Sensible Taxation and Equity Promotion (STEP) Act H.R. 1200/S. 1857 - Stop CHEATERS Act (Stop Corporations and High Earners from Avoiding Taxes and Enforce Rules Strictly) S. 794 - Tax Excessive CEO Pay Act Tax Fairness Act of 2021 Deemed realization (one-time) at death or transfer for assets > $1,000,000,000 H.R. 2549/S. 1157 - Tax Fairness for Workers Act H.R. 2735/S. 1283 - Tax on Wall Street Speculation Act H.R. 1459/S. 510 - Ultra-Millionaire Tax Act of 2021 H.R. 328/S. 817 - Wall Street Tax Act Wealth Tax (one-time) on individuals with sizeable assets 28% cap on value of individual itemized deductions 20% deduction for business owners pass thru income to individual taxes
Client expense: $570,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office
2021 · second_quarter · Taxation/Internal Revenue Code
No Tax Breaks for Outsourcing Act of 2021 (H.R.1785/S.714), Wall Street Tax Act (H.R.328) on Financial Transaction Tax (FTT), For The 99.5% Act (S.994), Disclosure of Tax Havens and Offshoring Act (H.R.3007), Clean Energy for America Act (S.2118), American Jobs Plan/American Families Plan
Client expense: $140,000 · Firm income: Not reported
Government targets: Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Council of Economic Advisers (CEA), Energy, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Highway Traffic Safety Administration (NHTSA), Natl Labor Relations Board (NLRB), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS), Transportation, Dept of (DOT), U.S. Customs & Border Protection, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR), White House Office
2021 · second_quarter · Financial Institutions/Investments/Securities
H.R. 1087 - Shareholder Political Transparency Act of 2021 H.R. 1187 - ESG Disclosure Simplification Act of 2021 H.R. 1188 - Greater Accountability in Pay Act H.R. 1277 - Improving Corporate Governance Through Diversity Act of 2021 H.R. 1549 - Addressing Climate Financial Risk Act of 2021 H.R. 1780 - Paris Climate Agreement Disclosure Act H.R. 1996 - Secure And Fair Enforcement (SAFE) Banking Act of 2021 H.R. 2632 - Build for Future Disasters Act H.R. 2570 - Climate Risk Disclosure Act H.R. 3007 - Disclosure of Tax Havens and Offshoring Act H.R. ___ - Oil and Minerals Corruption Prevention Act S. 374 - Improving Corporate Governance Through Diversity Act of 2021 S. 530 - Shareholder Protection Act of 2021 S. 588 - Addressing Climate Financial Risk Act of 2021 S. 910 - Secure And Fair Enforcement (SAFE) Banking Act of 2021 S. 1217 - Climate Risk Disclosure Act S. 1545 - Disclosure of Tax Havens and Offshoring Act S. 1876 - Climate Change Financial Risk Act of 2021 Cyber security, cyber insurance, cyber terrorism insurance, and data breach legislation Dodd-Frank Act legislation
Client expense: $380,000 · Firm income: Not reported
Government targets: Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2021 · second_quarter · Financial Institutions/Investments/Securities
H.R. 699- Mutual Fund Litigation Reform Act (Emmer) H.R. 1187- Corporate Governance Improvement and Investor Protection Act H.R. 1277- Improving Corporate Governance Through Diversity Act of 2021 (Meeks) H.R. 1996- Secure and Fair Enforcement Banking Act of 2021 (Perlmutter) H.R. 2123- Diversity and Inclusion Data Accountability and Transparency Act (Beatty) H.R. 2265- Financial Exploitation Prevention Act (Wagner) H.R. 2570- Climate Risk Disclosure Act of 2021 (Casten) H.R. 3007- Disclosure of Tax Havens and Offshoring Act (Axne) H.R. 3412- Alleviating Stress Test Burdens to Help Investors Act (Loudermilk) H.R. 3899- Financial Stability Oversight Council Improvement Act (Foster) H.R. 4262- Increasing Investor Opportunities Act (Gonzalez) S. 374- Improving Corporate Governance Through Diversity Act of 2021 (Menendez) S. 910- Secure and Fair Enforcement Banking Act of 2021 (Merkley) S. 2184- Accelerating Holding Foreign Companies Accountable Act (Kennedy) Consolidated Audit Trail Diverse Investment Advisers Act Enhanced ESG Disclosure by Corporate Issuers Exchange-Traded Funds Improving Disclosure for Investors Act of 2021 Money Market Mutual Funds SEC Form 13F SEC Cybersecurity and Data Protection
Client expense: $1,030,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of