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ACTION: Anonymous and deadly

There are many reasons why we should ban the practice of anonymous shell companies -- companies formed with no way of knowing who is in charge.

But here's one of the most compelling: They're being used to shield illegal opioid dealers. Most businesses have nothing to hide, but if you do have something to hide, it's easy: You just set up an anonymous shell company -- which in America, requires less personal information than it takes to get a library card.

Since they're anonymous, shell companies are a favorite tool to hide all sorts of unsavory behaviors, from terrorism and drug cartels to

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Anonymity Overdose - How our opioid crisis and shell companies are linked

Aug. 1, 2016 -- Opioid deaths now exceed those from motor vehicle accidents. It's clear we need to do more. Fair Share Education Fund's latest report, “Anonymity Overdose,” connects opioid trafficking and the subsequent crisis with the activities of anonymous shell companies – companies formed with no way of knowing who is actually in charge. Because they shield the owners from accountability, anonymous shell companies are a common tool for disguising criminal activity and laundering money, and are also at heart of the Panama Papers.

“Anonymity Overdose” found 10 case studies that show the

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Obama administration takes step to curb offshore tax dodging

On Wednesday June 29, the Obama administration's Department of Treasury issued new rules which require large U.S. multinational companies to report profits and taxes on a country-by-country basis.

This is meaningful progress in Fair Share's ongoing work to end offshore tax dodging.

These new rules mean that the IRS will collect and exchange tax information on a country-by-country basis, and will show them tax multinationals paid overseas (for companies making more than $850 million per yer). The more interesting aspect of course, are the taxes they didn't pay.

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Our statement on Supreme Court blocking progress on immigration reform

WASHINGTON, DC -- Fair Share is deeply disappointed that the Supreme Court's decision today to block progress on immigration reform. This news further clarifies the need for Congress to act.

Our immigration system is broken, and that’s bad for our country and our economy. It’s long past time to bring undocumented workers out of the shadows and allow them to join the legal, regulated workforce, with a fair shot and fair wages and the same rules as everyone else. We can fix our immigration system with a common sense, comprehensive set of reforms that ensures everyone plays by the same rules.

Panama Papers and the Need for Tax Haven Reform

In the Panama Papers, the unprecedented release of 11 million documents from a law firm in Panama, we see in great detail how the secret accounts of the global elite launder money and hide corruption.

After initial coverage focused on international figures like Vladimir Putin and Lionel Messi and their connections to secretive accounts, a June 5 New York Times article shed yet more light on how individual U.S. citizens are among those hiding their millions abroad.

The Times showed that over the past decade, the now famous Mossack Fonseca had at least 2,400 U.S.

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