In January of 2011, the IRS proposed a regulation (REG-146097-09) to force American banks to report the interest paid to all nonresident aliens. Banks do not currently report this private financial information to the IRS because it is long standing policy not to tax such foreign investment in the interests of keeping the [...]
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Posted on March 21st, 2012
Posted on February 16th, 2012
The Center for Freedom and Prosperity Foundation has released a policy brief highlighting the statist agenda of the Organisation for Economic Co-operation and Development (OECD), and how the organization works against the interests of U.S. taxpayers. Entitled, “OECD Subsidies Are Against U.S. Interests,” this paper is the first in CF&P’s new Libertas series, [...] Posted on May 30th, 2011
According to Daniel J. Mitchell and Brian Garst, the Paris-based Organization for Economic Cooperation and Development has an ongoing anti-tax competition project. This effort is designed to prop up inefficient welfare states in the industrialized world, thus enabling those governments to impose heavier tax burdens without having to fear that labor and capital [...] Posted on October 5th, 2010
The Paris-based Organization for Economic Cooperation and Development has an ongoing project to prop up Europe’s inefficient welfare states by attacking tax competition in hopes of enabling governments to impose heavier tax burdens. This project received a boost when the Obama Administration joined forces with countries such as France and Germany, but the [...] 1 pages
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