Tag Archives: IRS
A Subcommittee of the House Financial Services Committee will hold a hearing Thursday on a proposed IRS regulation to require reporting of nonresident alien deposit interest information. Such interest is not taxed under US law, and requiring its reporting would drive away much needed foreign capital, while providing zero benefit to the US economy or American taxpayers.
Why impose a regulatory burden on a weakened banking sector when it has nothing to do with enforcing American tax law?
The Center for Freedom and Prosperity (CF&P) is praising three U.S. Senators for their leadership in introducing legislation that would prevent the IRS from implementing an unnecessary and destructive regulation.
CF&P Applauds Congressional Effort to Rein in IRS and Prevent Implementation of Destructive Regulation
The Center for Freedom and Prosperity (CF&P) is applauding the recent introduction of legislation that will prevent the IRS from implementing an unnecessary and destructive regulation.
As a Yankees fan, it was particularly exciting that Derek Jeter became only the second player to get his 3000th hit with a home run. As a student of human… Read more
FATCA Law is an International Version of Obamacare’s 1099 Provision, a Nightmare for Cross-Border Economic Activity that Is Undermining Investment in America
One of the tax increases buried in Obamacare was an onerous and intrusive “1099″ scheme that would have required businesses to collect tax identification numbers for just about any vendor… Read more
Read it and weep. Or maybe I should say look at it and weep. I suppose this is a good time to recycle my flat tax video. I don’t mention… Read more
Led by the Center for Freedom and Prosperity, members of the Coalition for Tax Competition (CTC) testified Wednesday, May 18, 2011, as part of a 10-year ongoing battle against a proposed IRS regulation to collect additional and unnecessary information from nonresident aliens who invest in the United States.