Proposed IRS Interest Reporting Regulation Threatens U.S. Economy

by CF&P | Mar 20, 2012 | CF&P Foundation Libertas Policy Briefs, Publications

[PDF Version] Proposed IRS Interest Reporting Regulation Threatens U.S. Economy 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...

Congressional Hearing on IRS Nonresident Alien Interest Reporting Proposal

by CF&P | Nov 16, 2011 | Publications, Strategic Memorandums

Center for Freedom and Prosperity Strategic Memorandum Date: November 17, 2011 To: Supporters of tax competition, fiscal sovereignty, and financial privacy From: Andrew Quinlan and Brian Garst Re: Congressional Hearing on IRS Nonresident Alien Interest Reporting...

Who Writes the Law: Congress or the IRS?

by CF&P | Feb 15, 2003 | CF&P Foundation Prosperitas Studies, Publications

[PDF Version] February 2003, Vol. III, Issue I Who Writes the Law: Congress or the IRS? The Internal Revenue Service has proposed a regulation (133254-02) that would require U.S. financial institutions to report bank deposit interest paid to certain nonresident...