Author Archives : Andrew F. Quinlan
A Line in the Sand Against the OECD
CF&P recently released a paper calling on low-tax jurisdictions to resist the OECD. The high-tax European welfare states which control the OECD continue to move the goal posts and devise ever more hoops through which low-tax jurisdictions are expected to jump. As such, it becomes increasingly important for these nations to draw a line in […]
read more...
CF&P Testifies Against Harmful IRS Regulation
Almost ten years after first testifying against a proposal by the IRS to collect unnecessary information from foreign deposit holders, which would then be turned over to foreign governments, I once again represented CF&P and the Coalition for Tax Competition in opposing an effort to put foreign tax collectors above U.S. economic interests. Testifying with […]
read more...
When is Enough, Enough?
For the more than a decade the Internal Revenue Service has been chasing after potential U.S. tax evaders by forcing foreign jurisdictions and banks to become deputy tax collectors. From the Know-Your-Customer regulations to the Qualified Intermediary regime, non-U.S. banks have mostly complied with the IRS’s bullying. But as the excerpted article below discusses, U.S. […]
read more...Letter from Cayman Finance Exposes Senator Levin’s Fallacies
Recently, I chastised Senator Levin for his assault on so-called “tax havens,” pointing out that Levin’s agenda would fail to benefit small businesses, but instead “place U.S. corporations at a competitive disadvantage in the international marketplace.” Since then, Cayman Finance has taken issue with the Senator, reinforcing many of the points consistently made by CF&P […]
read more...Coalition for Tax Competition Responds to the FATCA Mess
Congress wants to reduce tax evasion, but politicians are unwilling to address the underlying problem of low tax rates, so they continuously give the IRS more power and make it more difficult for law-abiding people to engage in commerce. A good example is the FATCA legislation, which is directly harming honest expatriates and also Americans with foreign investment. I recently returned from […]
read more...The Contributions of Eduardo Morgan Jr.
The fight for financial freedom and limited government is global. The Center for Freedom and Prosperity recognizes Eduardo Morgan Jr., an individual whose work for his native Panama echoes much of our own efforts to defend fiscal sovereignty from the onslaught of anti-growth taxation and regulation. As Panama’s Ambassador to Washington from 1996 to 1998, […]
read more...Capital Gains: Part Three.
The final paper in Stephen J. Entin of IRET’s three part series about the capital gains tax rate is entited, Revenue Estimation Of Capital Gains Needs Improvement, and as the title promises it explores the inacurate revenue estimates applied to potential changes in the capital gains tax rate: Two recent studies in IRET’s Capital Gains Tax […]
read more...Capital Gains: Part Two.
As previously noted, IRET has published a series of three excellent papers on the case for lowering the capital gains tax rate. The second paper is introduced by Stephen J. Entit and written by Paul Evans. Entitled, The Relationship Between Realized Capital Gains And Their Marginal Rate Of Taxation, 1976-2004, it begins as follows: The tax […]
read more...Capital Gains: A Three Part Series.
Over the next several days we will be highlighting a series of papers by Stephen J. Entin of the Institute for Research on the Economics of Taxation (IRET). These papers examine the looming possibility of an increase in the capital gains tax rate and make a strong case for reducing the rate. The first paper, […]
read more...